Revenue from operations increased 140.47% year on year (YoY) to Rs 1,713.32 crore in the quarter ended 31 December 2024.
Profit before tax stood at Rs 350.97 crore, registering a growth of 478.38% on a YoY basis.
Total expenses spiked 113.86% YoY to Rs 1,398.55 crore in the December 2024 quarter.
Cost of materials consumed stood at Rs 942.61 crore (up 71.93% YoY), employee benefits expense was at Rs 25.65 crore (up 78.62% YoY) and finance costs was Rs 46.99 crore (up 27.69% YoY) during the period under review.
EBITDA grew by 337.76% YoY to Rs 549.57 crore in the third quarter of FY25. EBITDA margin stood at 31.42% in Q3 FY25 as against 17.56% posted in Q3 FY24.
As of 31 December 2024, the company’s order book stood at Rs 6,946.1 crore.
Premier Energies is an integrated manufacturer of solar PV cells and solar modules, including custom-made modules for specific applications.
The scrip slipped 3.43% to currently trade at Rs 1,031.15 on the BSE.