Premier Energies Q4 profit jumps 64% as solar demand lifts revenue; plans ₹5,000 crore fundraising

Premier Energies Q4 profit jumps 64% as solar demand lifts revenue; plans ₹5,000 crore fundraising


Premier Energies reported a 64.4% year-on-year rise in consolidated net profit for the fourth quarter ended March 31, 2026, at ₹456.8 crore compared with ₹277.8 crore in the year-ago period, driven by strong growth in revenue.

Revenue from operations increased 37.6% year-on-year to ₹2,230.3 crore from ₹1,620.8 crore in Q4 FY25.

EBITDA rose 27.7% to ₹674.8 crore against ₹528.4 crore a year earlier. EBITDA margin, however, narrowed to 30.3% from 32.6% in the corresponding quarter last year.

The company’s board also approved a proposal to raise up to ₹5,000 crore through the issuance of equity shares, non-convertible debentures with warrants, or other eligible securities convertible into equity shares.

The fundraising may be carried out through one or more qualified institutional placements (QIPs) or other permissible modes, subject to regulatory and shareholder approvals.

Shares of Premier Energies ended marginally higher ahead of its March quarter earnings announcement, with the stock closing at ₹983 on the National Stock Exchange of India, up ₹5.60 or 0.57% from the previous close.

Also Read: Power Grid Q4 | Profit beats Street rising 10%, other metrics fall short; declares dividend



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