Premier Energies Limited has informed the Exchange regarding Outcome of Board Meeting held on May 15, 2026.
PREMIERENE · price
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Premier Energies Limited reported strong FY2026 results with consolidated revenue from operations of Rs. 78,243.74 million, up 20% from Rs. 65,187.45 million in FY2025. Profit after tax surged 61% to Rs. 15,096.89 million from Rs. 9,371.32 million, indicating significant margin expansion. Total assets nearly doubled to Rs. 1,08,448.63 million from Rs. 68,414.02 million. The Board approved fund raising of up to Rs. 5,000 crores via QIP or other modes. Deloitte Haskins & Sells was reappointed as statutory auditors for a second 5-year term. Mr. Hitesh Kumar Jain was appointed as the new Company Secretary and Compliance Officer, replacing Mr. Ravella Sreenivasa Rao. The auditor issued an unmodified (clean) opinion on the financial results.
The company delivered robust 20% revenue growth and exceptional 61% PAT growth, demonstrating strong operational performance and margin expansion. The Rs. 5,000 crore fundraising authorization provides capital headroom for expansion. Clean audit opinion removes key risk concerns for investors.