Premier Energies Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
PREMIERENE · price
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Premier Energies Limited reported strong financial results for FY26 with revenue from operations growing 20% to Rs 78,244 million from Rs 65,187 million in FY25. Profit after tax surged 61% to Rs 15,097 million from Rs 9,371 million. The Board also approved fund raising of up to Rs 5,000 crores via QIP or other modes. There were management changes with the Company Secretary resigning and being replaced. Deloitte Haskins & Sells was re-appointed as statutory auditors for another 5-year term, and Protiviti India was re-appointed as internal auditor. The auditors issued an unmodified (clean) opinion on the financial results. The company completed an IPO in September 2024 and continues to expand through acquisitions in solar and related businesses.
Strong 20% revenue growth and 61% PAT growth demonstrates robust operational performance. The planned Rs 5,000 crore fund raise could be dilutive to existing shareholders but signals aggressive expansion plans. Clean audit opinion removes any governance concerns.