Premier Energies shares slide 3% after Q1 results
Premier Energies
fell as much as 2.8% on Monday, July 28, to Rs 1,061.05 on the BSE after the company posted its June 2025 quarter results over the weekend, showing a strong jump in profit as well as revenue.
Premier Energies reported a 10% year-on-year rise in revenue to Rs 1,820.7 crore for the first quarter ended June. Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) surged 53% to Rs 548.3 crore, while net profit increased 55.4% to Rs 307.8 crore from Rs 198.1 crore in the same quarter last year.
Explore courses from Top Institutes in
Please select course:
Select a Course Category
Product Management
Artificial Intelligence
Project Management
Finance
PGDM
healthcare
Technology
Management
Data Science
Data Science
MBA
Others
Cybersecurity
Digital Marketing
others
Degree
Healthcare
Public Policy
Leadership
Operations Management
CXO
Design Thinking
Data Analytics
MCA
Skills you'll gain:
Product Strategy & Competitive Advantage Tactics
Product Development Processes & Market Orientations
Product Analytics & Data-Driven Decision Making
Agile Development, Design Thinking, & Product Leadership
Product Strategy & Competitive Advantage Tactics
Product Development Processes & Market Orientations
Product Analytics & Data-Driven Decision Making
Agile Development, Design Thinking, & Product Leadership
Duration:
40 Weeks
IIM Kozhikode
Professional Certificate in Product Management
Starts on
Jun 26, 2024
Get Details
Skills you'll gain:
Creating Effective Product Roadmap
User Research & Translating it to Product Design
Key Metrics via Product Analytics
Hand-On Projects Using Cutting Edge Tools
Duration:
12 Weeks
Indian School of Business
ISB Product Management
Starts on
May 14, 2024
Get Details
Skills you'll gain:
Product Strategy & Roadmapping
User-Centric Product Design
Agile Product Development
Market Analysis & Product Launch
Duration:
24 Weeks
Indian School of Business
Professional Certificate in Product Management
Starts on
Jun 26, 2024
Get Details
Skills you'll gain:
Product Strategy & Competitive Advantage Tactics
Product Development Processes & Market Orientations
Product Analytics & Data-Driven Decision Making
Agile Development, Design Thinking, & Product Leadership
Duration:
40 Weeks
IIM Kozhikode
Professional Certificate in Product Management
Starts on
Jun 26, 2024
Get Details
EBITDA margins
expanded to 30.2% during the quarter, up sharply from 21.6% a year earlier. The modules business remained the primary growth driver, contributing 74% of total revenue, while the cells division accounted for 23%.
Capacity and order book
The company outlined ambitious
capacity targets
across its operations. It aims to build annual capacities of 10 GW each for its Wafers & Ingots and cells businesses within the next three years. Additionally, Premier Energies is targeting 36,000 MT in aluminium frames and 110 GW in modules capacity by FY28.
As of June-end, the company held an order book of Rs 8,602 crore, with all contracts stemming from the domestic market.
Stock performance and technical outlook
Premier Energies shares
closed 1.5% lower at Rs 1,084.7 on Friday. The stock has declined 20% so far in 2025, despite a 22% gain over the past six months.
From a technical perspective, the stock is trading above five of its eight key simple moving averages, including the 30-day, 50-day, 100-day, 150-day, and 200-day SMAs, but remains below its 5-day, 10-day, and 20-day SMAs.
The Relative Strength Index (RSI) is at 56, indicating neutral momentum. Meanwhile, the Moving Average Convergence Divergence (MACD) stands at 10.9 and remains above both the center and signal lines, suggesting a continuing bullish undertone.
Also read |
Reliance Power shares down 15% in a month as ED probe drags. Can the stock reclaim Rs 70 amid volatility?
(
Disclaimer
: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
ETMarkets WhatsApp channel
)
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
37 minutes ago
- Economic Times
Sops for small companies SPICEd up
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel New Delhi: The MSME (Micro, Small & Medium Enterprises) ministry has simplified the process for availing incentives under a scheme that supports reduction of material wastage to promote green practices among micro and small enterprises (MSEs).The ministry, after reviewing the Scheme for Promotion and Investment in Circular Economy (SPICE), has created a technology portal which lists 116 technologies eligible to receive subsidy under the scheme, said an official aware of the development. The measure is important as the government aims to enrol 3400 MSEs under the scheme by encourages the adoption of circular economy technology among MSEs by subsidising a part of the technology acquisition enterprises from eleven sectors such as plastic, rubber, and electronic waste, are eligible to apply for a subsidy under the scheme. They need to apply to banks or participating financial institutions (PFIs) to claim a subsidy. Under the scheme, the maximum project cost admissible is Rs 50 lakh, with a 25% subsidy on the cost of plant and machinery only."As part of the technology portal, the ministry has identified 116 technologies eligible for subsidies under SPICE," said the detailed listing of technologies was important as earlier banks would reject applications due to lack of proper information on these.
Time of India
an hour ago
- Time of India
Exide bets on innovation, expansion to boost exports
1 2 Kolkata: Storage battery major Exide Industries is focusing on innovation and expansion across geographies in a bid to enhance exports in the medium term. In the last fiscal, exports contributed around 8% to the company's turnover. "We have come out with a lot of innovative products targeted for exports which we have never done in the past," said Avik Roy, managing director and CEO, at the 78th annual general meeting. "We have entered new countries to make our business more resilient and distributed and not dependent on one or two geographies," Roy added. You Can Also Check: Kolkata AQI | Weather in Kolkata | Bank Holidays in Kolkata | Public Holidays in Kolkata When a few shareholders asked the management its export expansion plans, Roy said, "In the medium-term your company aims to increase the share of export business and will actively take initiatives to achieve this objective." Roy said. The company said it has so far invested around Rs 3,700 crore in the first phase of the lithium-ion cell manufacturing project in Bengaluru. "We will probably invest another Rs 600-700 crore in this this we see that the requirement for the phase I of the 6 gigawatt hour will be met. At the end of this fiscal year we are likely to start the trial production commercially. We will see the utilisation of the 6 gigawatt hour factory, and then we will gradually plan for phase II," Roy said.
Time of India
an hour ago
- Time of India
Arvind SmartSpaces posts net profit of ₹11.96 crore in Q1 FY26
NEW DELHI: Arvind SmartSpaces a has reported a growth of 159.44 per cent in its net consolidated profit during the quarter ended June 30, 2025. Its profit after tax stood at ₹11.96 crore in Q1 FY26 as against ₹4.61 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing. The company's net consolidated total income stood at ₹106.39 crore in Q1 FY26, a growth of 37.79 per cent from ₹77.21 crore it recorded in the similar quarter last year. Kamal Singal , managing director of the company said, "In Q1, revenue grew 37% year-on-year to ₹102 crore, adj. EBITDA improved 205% year-on-year to ₹24.5 crore, and PAT increased 159% year-on-year to ₹12 crore. Further, we continue to generate positive operational cash flows and balance sheet remains strong with net debt at ₹(50) crore. On the business development front, we are actively evaluating several opportunities and are confident of maintaining a healthy addition run rate, in line with the performance seen over the past couple of years. We are on track to conclude the ongoing business plan of adding new projects with a cumulative topline potential of ₹5,000 crore across Gujarat, Bengaluru and MMR." The company reported bookings were at ₹175 crore as against ₹201 crore last year while collections amounted to ₹191 crore as against ₹249 crore in the previous fiscal. Its net debt (Interest bearing funds) was at ₹(50) crore as on June 30, 2025. Net debt to equity ratio stood at (0.08) as on June 30, 2025 as against 0.04 as on Mar 31, 2025.
