Revenue from operations: ₹2,526.56 million (Q2 FY27) vs ₹1,926.27 million (Q2 FY26)
Total income: ₹2,715.72 million (Q2 FY27) vs ₹2,320.46 million (Q2 FY26)
Profit before tax: ₹474.51 million (Q2 FY27) vs ₹710.04 million (Q2 FY26)
Profit after tax: ₹359.70 million (Q2 FY27) vs ₹551.05 million (Q2 FY26)
Basic EPS: ₹0.80 (Q2 FY27) vs ₹1.23 (Q2 FY26)
Key Financial Figures - Consolidated (Q2 FY27)
Revenue from operations: ₹26,318.52 million (Q2 FY27) vs ₹18,368.65 million (Q2 FY26)
Profit before tax: ₹6,012.70 million (Q2 FY27) vs ₹4,672.13 million (Q2 FY26)
Profit after tax: ₹4,623.86 million (Q2 FY27) vs ₹3,534.39 million (Q2 FY26)
Basic EPS: ₹10.24 (Q2 FY27) vs ₹7.89 (Q2 FY26)
Dividend Declaration
Interim dividend of ₹0.50 per equity share (50% of face value of ₹1)
Record date: November 11, 2026
Payment date: On or before December 3, 2026
Subsidiary and Strategic Updates
Premier Energies Global Environment Private Limited (PEGEPL) approved budget of ₹5,947 crore for 10 GW Ingot and Wafer Manufacturing Facility at Naidupeta, Andhra Pradesh
Phase I (5 GW capacity) estimated completion timeline: December 31, 2027
Completed acquisition of 51% stake in Transcon Ind Limited (total consideration ₹5,003.12 million)
Incorporated new wholly-owned subsidiary Premier Battery Technologies Private Limited (July 15, 2026)
Incorporated new wholly-owned subsidiary PE Horizon Pte. Ltd in Singapore (September 23, 2026)
Completed winding-up of IBD Solar Powertech (Pvt.) Ltd. in Bangladesh (September 13, 2026)
Capital Structure Impact
Allotted 957,142 equity shares to PEL ESOP Trust at premium of ₹699 per share
Paid-up equity share capital: ₹453.95 million as of September 30, 2026
IPO Proceeds Utilization
Total IPO proceeds received: ₹12,388.89 million (net of expenses)
Fully utilized for intended purposes: ₹9,686.03 million to subsidiary PEGEPL and ₹2,702.86 million for general corporate purposes
Unutilized IPO expenses of ₹17.14 million held in bank
Segment Information
Solar products & related project activities: Revenue ₹25,096.97 million (Q2 FY27)
Power Transmission & Distribution Equipment: Revenue ₹1,244.05 million (Q2 FY27) [new segment from Transcon acquisition]
