Premier Energies Photovoltaic secured INR 1,234 crore solar module orders

Premier Energies Photovoltaic, a subsidiary of Premier Energies, received and accepted solar module orders worth INR 1,234 crore ($142.09 million) from existing customers. The supply will start in April 2025. Premier Energies makes solar PV cells and modules, including custom-made ones for specific uses. The company's net profit rose to INR 255.22 crore (~$29.38million) in Q3 FY25, up 490.51% from INR 43.22 crore (~$4.97 million) in the same quarter last year. Revenue from operations reached INR 1,713.32 crore (~$197.29 million), growing 140.47% year on year for the quarter ending December 31, 2024.