Premier Energies Ltd

Premier Energies announced that the Board of Directors of the Company at its meeting held on 17 May 2025, inter alia, have recommended the final dividend of Rs 0.5 per equity Share (i.e. 50%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Premier Energies (PEL) has approved and entered into a joint venture agreement with Nuevosol Energy for investing in Premier Green Aluminium (JV company) for the purpose of business of foundry, extrusion, of aluminium frames for solar photovoltaic modules. As per the JV agreement, PEL will hold 80% of equity in the proposed JV Co. and the balance 20% will be held by Nuevosol.Powered by Capital Market - Live

Net profit of Premier Energies rose 167.23% to Rs 277.81 crore in the quarter ended March 2025 as against Rs 103.96 crore during the previous quarter ended March 2024. Sales rose 43.87% to Rs 1620.84 crore in the quarter ended March 2025 as against Rs 1126.59 crore during the previous quarter ended March 2024. For the full year,net profit rose 305.05% to Rs 937.13 crore in the year ended March 2025 as against Rs 231.36 crore during the previous year ended March 2024. Sales rose 107.35% to Rs 6518.75 crore in the year ended March 2025 as against Rs 3143.79 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales1620.841126.59 44 6518.753143.79 107 OPM %32.6016.38 -27.3215.20 - PBDT544.70151.61 259 1737.49385.47 351 PBT368.09114.57 221 1239.97289.37 329 NP277.81103.96 167 937.13231.36 305 Powered by Capital Market - Live

Premier Energies will hold a meeting of the Board of Directors of the Company on 17 May 2025.Powered by Capital Market - Live

Premier Energies has incorporated a wholly owned subsidiary, namely, Premier Energies GWC on 20 April 2025. The new subsidiary will be engaged in manufacturing, production and processing of high-quality silicon ingots wafer using advanced technologies and processes, intended for use in solar cells. Powered by Capital Market - Live

The Ministry of Corporate Affairs, Government of India, issued the Certificate of Incorporation for the new entity on 20 April 2025, according to the company's official exchange filing. Premier Energies GWC has been established with an authorised share capital of Rs 10 lakh, divided into 1,00,000 equity shares of Rs 10 each. The newly incorporated entity will focus on the manufacturing and processing of silicon ingots and wafers using advanced technologies, a key component in solar cell production. Premier Energies will hold a 100% equity stake in Premier Energies GWC, making it a wholly owned subsidiary and a related party under regulatory norms. Premier Energies is an integrated manufacturer of solar PV cells and solar modules, including custom-made modules for specific applications. The company's consolidated net profit surged to Rs 255.22 crore in Q3 FY25, up 490.51% from Rs 43.22 crore posted in the same quarter last year. Revenue from operations increased 140.47% year on year (YoY) to Rs 1,713.32 crore in the quarter ended 31 December 2024. The scrip rose 0.69% to currently trade at Rs 974 on the BSE. Powered by Capital Market - Live

Germany-based RENA Technologies GmbH is a globally leading supplier of wet chemical equipment and process solutions for semiconductor, glass, medical technology, and solar industries. The two firms would focus on process innovation for N-Type solar cells and development of wet chemistry for next-generation tandem solar cell technologies. The collaboration brings together Premier Energies' large-scale manufacturing capabilities with RENA's advanced wet chemistry and equipment solutions. The companies will jointly pursue breakthroughs in high-efficiency solar cell manufacturing, targeting improvements in cell performance, production output, and sustainable manufacturing practices. Sudhir Reddy, director and chief strategy officer, Premier Energies, said: This partnership positions Premier at the forefront of the N-Type efficiency curve and paves the way for our advancement into tandem cell development'an essential step in the evolution of solar cell technology. Premier Energies is an integrated manufacturer of solar PV cells and solar modules, including custom-made modules for specific applications. The company's consolidated net profit surged to Rs 255.22 crore in Q3 FY25, up 490.51% from Rs 43.22 crore posted in the same quarter last year. Revenue from operations increased 140.47% year on year (YoY) to Rs 1,713.32 crore in the quarter ended 31 December 2024. Powered by Capital Market - Live

Premier Energies and Germany-based RENA Technologies GmbH, a global leader in wet chemical process equipment, have entered into a strategic technology partnership focused on process innovation for N-Type solar cells and development of wet chemistry for next generation tandem solar cell technologies. This landmark collaboration brings together Premier Energies' large-scale manufacturing capabilities with RENA's advanced wet chemistry and equipment solutions. Together, the companies aim to push the frontiers of high-efficiency solar cell manufacturing, targeting breakthroughs in cell performance, production throughput, and sustainable manufacturing processes. Powered by Capital Market - Live

The Ministry of Corporate Affairs, Government of India, issued the Certificate of Incorporation for PGAPL on 3 April 2025. PGAPL has been established to engage in the manufacturing, processing, and extruding of aluminum and its alloys into various products for captive consumption. The company will focus on producing aluminum frames and other related incidental products. The subsidiary has been incorporated with an authorized share capital of Rs 10 lakh, divided into 1 lakh equity shares of Rs 1 each. The entire paid-up share capital of PGAPL will be held by Premier Energies, making PGAPL a wholly owned subsidiary and a related party. The official announcement was made on Thursday, 03 April 2025, after market hours. Premier Energies is an integrated manufacturer of solar PV cells and solar modules, including custom-made modules for specific applications. The company's consolidated net profit surged to Rs 255.22 crore in Q3 FY25, up 490.51% from Rs 43.22 crore posted in the same quarter last year. Revenue from operations increased 140.47% year on year (YoY) to Rs 1,713.32 crore in the quarter ended 31 December 2024. The scrip dropped 5.23% to currently trade at Rs 847.35 on the BSE. Powered by Capital Market - Live

The aforementioned orders are for supplying solar modules. The supply of Modules is scheduled to commence from April 2025. Premier Energies is an integrated manufacturer of solar PV cells and solar modules, including custom-made modules for specific applications. The company's consolidated net profit surged to Rs 255.22 crore in Q3 FY25, up 490.51% from Rs 43.22 crore posted in the same quarter last year. Revenue from operations increased 140.47% year on year (YoY) to Rs 1,713.32 crore in the quarter ended 31 December 2024. The scrip fell 1.63% to currently trade at Rs 985 on the BSE.Powered by Capital Market - Live