Premier Energies jumps after arm bags multiple orders aggregating to Rs 765 cr

The company has received orders from 8 domestic customers and 1 foreign customer. The said order comprises Rs 632 crore for solar modules and Rs 133 crore for solar cells.

The supply of modules & cells are scheduled to be commenced in July 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 532.49% to Rs 198.16 crore in Q1 FY25 as compared with Rs 31.33 crore in Q1 FY24. Net sales stood at Rs 1,657.37 crore, up 171.25% as compared with Rs 611.02 crore in Q1 FY24.