Total expenses rose 4.45% YoY to Rs 146.08 crore in the December 2025 quarter. Cost of materials consumed stood at Rs 113.90 crore (up 20.83% YoY), employee benefits expense was at Rs 46.11 crore (up 79.76% YoY) and finance costs was Rs 47.44 crore (down 0.95% YoY) during the period under review.
Operating EBITDA grew by 15.5% YoY to Rs 593.2 crore in the third quarter of FY26. EBITDA margin improved to 30.6% in Q3 FY26 as against 30% posted in Q3 FY25.
As of 31 December 2025, the company’s order book stood at Rs 1,372.35 crore.
Meanwhile, Pursuant to the extension letter received from the Seller and the Target Company, the Board has approved an extension of the long-stop date for fulfilment of the conditions precedent by a further period of 30 (thirty) days, i.e., up to 20 February 2026, in relation to the proposed acquisition of 51% equity stake in Ksolare Energy. This extension is in accordance with the Board approval and the company’s letter dated 23 October 2025, wherein it was envisaged to acquire the target company in association with Syrma SGS Technologies.
Further, the company inform that the company, through its wholly owned subsidiary, Premier Energies Photovoltaic Private Limited, has successfully commissioned a 400 MW Solar Photovoltaic Cell (Mono PERC) manufacturing facility at its E-City plant, Maheshwaram, Telangana. This commissioning is part of a brownfield expansion of the Company’s existing cell manufacturing operations and has been achieved through the installation of additional equipment while leveraging the existing infrastructure and utilities at the facility. Post Commissioning the cell line, the operational capacity for cells stands at 3.6 GW.
Premier Energies is an integrated manufacturer of solar PV cells and solar modules, including custom-made modules for specific applications.
The scrip slipped 4.27% to Rs 707.10 on the BSE.