Trading Symbol: PREMIERENE
Date: September 21, 2026
Financial Results (Standalone & Consolidated)
Revenue from operations grew 20.7% to ₹7,824 crore in FY 2026
EBITDA rose 35% to ₹2,579 crore
Profit after tax increased 61% to ₹1,510 crore
Return on capital employed stood at 33.5%
Return on equity was 42%
These results reflect improving productivity and profitability of the business
Dividend Declaration or Non-Declaration
The Board declared total dividend of ₹1.00 per share in two tranches
Board Meeting Outcomes
Strategic expansion into 10 GW ingot and wafer capacity at Naidupeta, making the company one of the largest fully integrated solar module manufacturers outside China
Partnership with RCT Solutions Germany to build a 12 GWh battery energy storage business
First phase of 6 GWh battery storage targeted for commissioning by June 2027
Transcon Ind transformer business positioned to benefit from grid infrastructure investments
Other Operational / Legal / Strategic Disclosures
India crossed 50% of installed power capacity from non-fossil sources in June 2025, five years ahead of 2030 commitment
Solar capacity addition of 44.6 GW in FY 2026, taking installed solar capacity to 150.3 GW by March 2026
Government targeting 60% of installed power capacity from non-fossil sources by 2035
Government aspiring electricity share in Indian energy system to increase from 23% to over 45% by 2047
Company's manufacturing business estimated to have contributed to avoidance of approximately 100 million tonnes of CO2 equivalent emissions
Women account for more than 30% of total workforce
Operations support 9,220 green jobs
Spent ₹66 million on CSR initiatives focused on healthcare, education, clean energy access, water and rural development
Strengthened sustainability agenda through double materiality and emissions assessment, implementation of ESG framework, and alignment with GRI Standards and BRSR requirements
Maiden Sustainability Report published with theme "Planet Positive, People Centric and Product Leadership"
Governance & Compliance
Strong governance and robust internal controls fundamental to operations
Continuing to strengthen risk management, compliance processes and oversight mechanisms
Growth anchored in transparency, accountability and ethical conduct