Introduction:
Leading green energy company reported a remarkable 490.7% YoY increase in net profit for Q3 FY25, alongside a 140.3% surge in revenue and 144.8% growth in total income, reflecting strong demand and effective business strategies driving its performance.
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Share price movement of Premier Energies:
On February 4, 2025, Premier Energies Ltd opened at ₹1,146.55, up 7.4% from its previous close of ₹1,067.75. The stock reached a high of ₹1,177.60 (1.85%) and a low of ₹1,026.65. By 11:42 AM, it traded at ₹1,032.80, a 3.27% decrease, with a market cap of ₹46,555.98 crore.
Premier Energies Reports Strong Q3 Growth:
Premier Energies Limited reported a significant increase in net profit for Q3 FY25, rising by 490.7% YoY to ₹255.2 crore, compared to ₹43.2 crore in Q3 FY24, reflecting strong performance.
Revenue from operations surged by 140.3% YoY in Q3 FY25, reaching ₹1,713.3 crore, compared to ₹712.4 crore in the same quarter last year. The company’s robust growth indicates strong demand for its products.
Total income also saw a substantial increase of 144.8% YoY, rising to ₹1,749.3 crore from ₹714.7 crore in Q3 FY24, demonstrating the company’s successful strategies and growth trajectory.
Stock performance of Premier Energies for Period of 1 week and 1 month:
Premier Energies Limited has shown a strong 21.6% return over the past week, reflecting positive short-term performance. However, its one-month return stands at -19.2%, indicating some volatility and challenges in the longer term.
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Shareholding pattern of Premier Energies:
| All values in % | Dec 2024 | Sep 2024 | Aug 2024 |
| Promoter | 64.30% | 64.30% | 64.30% |
| FII | 2.30% | 3.10% | 3.10% |
| DII | 8.00% | 6.70% | 6.70% |
| Public | 24.60% | 25.10% | 25.10% |
| Others | 0.90% | 0.90% | 0.90% |
About Premier Energies:
Premier Energies Ltd (NSE: PREMIERENE), established in 1995, is a leading manufacturer of integrated solar cells and panels. With a capacity of 2 GW for solar cells and 3.36 GW for modules, it is India’s second-largest in the sector.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
