Premier Energies Reports 38.2 Percent Revenue Growth in Q2 FY27

Premier Energies, an integrated solar manufacturer, has announced its financial results for the quarter ended September 30, 2026. The company reported total revenue of INR 26,560 million, registering a growth of 38.2 percent YOY. Quarterly EBITDA stood at INR 7,600 million, growing 17.8 percent YOY, with a margin of 28.6 percent. Profit After Tax (PAT) reached INR 4,624 million, growing 30.8 percent YOY and translating into a margin of 17.4 percent.

During the quarter, the company produced 916 MW solar cells achieving a record 99 percent capacity utilisation, 1,199 MW solar modules and 761 MVA transformers. These record revenue and production numbers reflect strong operational performance driven by growing scale and demand for high-efficiency products. With the commissioning of its 7 GW N-type TOPCon solar cell facility at Naidupeta, Andhra Pradesh in September, the company has become the largest integrated manufacturer with total cell capacity of 10.6 GW and module capacity of 11.1 GW.

Commenting on the results, Chiranjeev Saluja, Managing Director, Premier Energies, said, "Our steady performance in Q2 FY27 reflects disciplined execution and operational excellence. The recent commissioning of our solar cell and module facilities marks an important milestone in our growth journey and makes us well positioned to capitalise on the growing demand for high-efficiency solar products. As these facilities ramp up operations, they should help us in further enhancing production volumes, cutting down costs and strengthening our technological capabilities."