News ArticlePremier Energies Reports Q2 FY 2026-27 Profit Before Tax of ₹474.51 Million, Declares ₹0.50 Interim Dividend
Board also approves ₹5,947 crore budget for 10 GW manufacturing plant by subsidiary PEGEPL with Phase I completion set for December 31, 2027
Premier Energies Limited approved its unaudited standalone and consolidated financial results for quarter and half year ended September 30, 2026, reporting ₹474.51 million profit before tax for Q2. The company declared an interim dividend of ₹0.50 per equity share for FY 2026-27 and noted a ₹5,947 crore budget for a 10 GW manufacturing facility by its subsidiary PEGEPL at Andhra Pradesh, with Phase I completion by December 31, 2027.
Premier Energies Limited
General / Other
Premier Energies Limited approved its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, reporting a profit before tax of ₹474.51 million in Q2. The Board declared an interim dividend of ₹0.50 per equity share for the financial year 2026-27 and fixed November 11, 2026, as the record date.
The company reported revenue from operations of ₹2,526.56 million for Q2 and ₹4,290.12 million for H1 FY 2026-27. Profit before tax for the half year was ₹851.19 million.
Premier Energies also noted the approval by the Board of Directors of its wholly owned subsidiary, Premier Energies Global Environment Private Limited (PEGEPL), of the ₹5,947 crore budget for establishing a 10 GW ingot and wafer manufacturing facility at Naidupeta, Andhra Pradesh.
Phase I of the plant with a 5 GW capacity is scheduled for completion by December 31, 2027.
The interim dividend of ₹0.50 per share corresponds to 50% of the face value of ₹1 per equity share, with payment scheduled on or before December 3, 2026.
The financial results were reviewed and recommended by the Audit Committee and accompanied by Limited Review Reports from the company’s statutory auditors, Deloitte Haskins & Sells.
Highlights
- Q2 FY 2026-27 profit before tax at ₹474.51 million
- Half year profit before tax at ₹851.19 million
- Interim dividend declared at ₹0.50 per equity share
- Record date for dividend eligibility set as November 11, 2026
- ₹5,947 crore approved budget for 10 GW manufacturing plant by subsidiary PEGEPL
- Phase I (5 GW capacity) expected completion by December 31, 2027
Key Data Snapshot
What happened
- Premier Energies Limited approved its unaudited standalone and consolidated financial results for Q2 and H1 FY 2026-27.
- The company declared an interim dividend of ₹0.50 per equity share for FY 2026-27.
- The Board fixed November 11, 2026, as the record date for the interim dividend.
- The dividend will be paid on or before December 3, 2026.
- The Board noted the approval of a ₹5,947 crore budget for a 10 GW manufacturing facility project at Naidupeta, Andhra Pradesh by subsidiary PEGEPL.
- Phase I of this project with 5 GW capacity is targeted for completion by December 31, 2027.
Key details
- Profit before tax for Q2 FY 2026-27 stood at ₹474.51 million and ₹851.19 million for H1.
- Revenue from operations totaled ₹2,526.56 million for the quarter and ₹4,290.12 million for the half year.
- The interim dividend represents 50% of the face value of ₹1 per equity share.
- PEGEPL is a wholly owned subsidiary of Premier Energies Limited.
- The manufacturing facility project is focused on ingot and wafer production.
- The financial results were reviewed by the Audit Committee and statutory auditors.
Regulatory and governance context
- The announcement complies with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- The interim dividend declaration follows approval by the company's Board of Directors.
- Limited Review Reports were issued by Deloitte Haskins & Sells confirming the review of financial results.
- The meeting was held on November 4, 2026, with the meeting time from 2:30 PM to 3:46 PM IST.
Highlights
- Q2 FY 2026-27 profit before tax at ₹474.51 million
- Half year profit before tax at ₹851.19 million
- Interim dividend declared at ₹0.50 per equity share
- Record date for dividend eligibility set as November 11, 2026
- ₹5,947 crore approved budget for 10 GW manufacturing plant by subsidiary PEGEPL
- Phase I (5 GW capacity) expected completion by December 31, 2027
Disclosures
- Regulations 30 and 33 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015
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