Premier Energies reported a 72% jump in Q2 net profit to ₹353 crore on 20% revenue growth to ₹1,837 crore. It plans a ₹502 crore investment to expand its Naidupeta solar facility capacity from 4.8 GW to 7 GW by September 2026, alongside strategic acquisitions in solar inverters and transformers, reflecting robust growth and diversification.
Premier Energies reported consolidated revenue from operations of ₹1,837 crore for the quarter ending September 2025, marking a 20% year-over-year growth. The consolidated net profit surged 72% to ₹353 crore, demonstrating improved profitability. Earnings per share rose to ₹7.89, up 38% compared to the same period last year.
The company is set to augment its upcoming Naidupeta solar manufacturing facility with an additional investment of ₹502 crore, increasing the Solar PV Topcon cell manufacturing capacity from 4.8 GW to 7 GW by September 2026. This expansion will be funded through internal accruals and executed by its wholly-owned subsidiary.
Premier Energies also revealed plans to diversify further with acquisitions: a 51% stake in KSolare Energy Private Limited (solar inverters and smart energy solutions) and a 51% stake in Transcon Ind Limited (transformer manufacturing).
On the operational front, the solar modules business remains the primary revenue driver, contributing roughly 74% to total revenues. Despite strong year-over-year growth, sequential revenue growth was modest, raising questions about near-term momentum. The company also benefited from inventory and other income gains, bolstering profit margins.
Key Takeaways:
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Consolidated revenue: ₹1,837 crore, up 20% YoY
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Consolidated net profit: ₹353 crore, up 72% YoY
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Major capex of ₹502 crore to expand Naidupeta facility capacity to 7 GW
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Strategic acquisitions planned in solar inverters and transformer segments
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Strong contribution from solar modules segment (74% of revenues)
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Sequential revenue growth flat at 0.8%
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Profit growth partly supported by inventory gains and other income boosts
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Expansion timeline: 4.8 GW capacity by June 2026, remaining 2.2 GW by September 2026
These developments highlight Premier Energies’ aggressive growth strategy amid challenges in operational margins and market dynamics. The investments emphasize the company’s commitment to scaling integrated solar manufacturing with backward integration and diversified product offerings.
Source: Premier Energies official filings, CNBC TV18, The Hindu Business Line, ScanX Trade, Deccan Herald, Mercom India.