Premier Energies Limited has reported its third-quarter results for the financial year 2024-25 (Q3 FY 2024-25), ending on December 31, 2024. The company reported a total income of Rs 17,494 million, including Rs 17,133 million in revenue from operations and Rs 361 million in other income. This marks a 144.76 per cent increase from Rs 7,147 million in Q3 FY 2024.
The earnings before interest, tax, depreciation, and amortisation (EBITDA) stood at Rs 5,495.70 million, marking a 337.76 per cent rise year-on-year, while the profit after tax (PAT) reached Rs 2,552.21 million, up by 490.58 per cent on a year-on-year basis.
As of December 31, 2024, the company had an orderbook of 4,539 MW valued at Rs 69,461 million, with 63 per cent allocated to modules, 36 per cent to cells, and 1 per cent to EPC services. The company further aims to expand its manufacturing capacity to 7,000 MW for cells and 9,100 MW for modules by June 2026 and currently 5,000 MW of TOPCon cell and module capacity is under development.
