Premier Energies Q3 profit surges 490.58% YoY

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Indian solar manufacturer Premier Energies has reported a total income of INR 17,494 million (including INR 17,133 million revenue from operations and INR 361 million other income) in the third quarter of FY 2025. This is 144.76% up from INR 7,147 million in Q3 FY 2024. Net profit is 490.58% up YoY to INR 2,552.21 million.

The company had an orderbook of 4,539 MW worth INR 69,461 million as of Dec. 31, 2024, spread across modules (63%), cells (36%), and EPC (1%).

As on March 31, 2024, Premier Energies had 2 GW of annual installed capacity for cell manufacturing alongside its 4.13 GW of annual installed capacity for module manufacturing. The company expects to hit an aggregate manufacturing capacity of 7 GW for cells and 9.1 GW for modules by June 2026 with 5 GW of TOPCon cells and modules capacities currently in process).

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