Premier Energies Q1 profit jumps 53% to ₹472 crore

Premier Energies, an integrated solar manufacturing company, reported a 53% increase in its Q1 profit for the fiscal year 2027, reaching ₹471.9 crore. This growth was primarily driven by increased revenues from key business segments, with total income rising to ₹2,507.6 crore from ₹1,869.5 crore a year ago. The company has been expanding its manufacturing capabilities and delivering strong demand for domestically manufactured solar modules, with recent production of 844 MW of solar cells, 953 MW of solar modules, and 570 MVA of transformers.

Premier Energies is also making significant progress on its 7 GW solar cell manufacturing facility and has approved the re-appointment of its Managing Director, Chiranjeev Singh Saluja, for a five-year term.

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