Premier Energies Limited has informed the Exchange that Board of Directors at its meeting held on July 26, 2025, declared Interim Dividend of Rs. 0.25 per equity share.
PREMIERENE · price
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Premier Energies' Board, at its July 26, 2025 meeting, approved unaudited consolidated Q1 FY26 results showing revenue of Rs. 1,820.7 crore (up ~12% YoY from Rs. 1,620.8 crore) and net profit of Rs. 307.8 crore (up ~11% YoY from Rs. 277.8 crore). EPS stood at Rs. 6.83 vs Rs. 6.16 a year ago. The Board declared a 1st interim dividend of Rs. 0.25 (25 paise) per equity share on face value of Rs. 1, with record date fixed as August 2, 2025. Additionally, 22.2 lakh equity shares were allotted to the PEL ESOP Trust at a premium of Rs. 320.29 per share under the PEL ESOP 2021 scheme. The depreciation charge was higher by Rs. 90.8 crore due to revised useful life estimates of manufacturing assets.
Modest interim dividend signals confidence in cash flows, but the quantum is small and unlikely to drive the stock meaningfully. Strong YoY revenue and profit growth in a challenging solar environment is the key positive for shareholders, though the ESOP allotment will cause mild equity dilution.