Board Meeting Outcome: Interim Dividend of ₹0.50 per Share; Results Approved, ₹5,947 crore Budget Noted
Board meeting of November 04, 2026 approved unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026.
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| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 26,318.52 | 18,368.65 | +43.3% | 24,625.94 | +6.9% |
| Total income | 26,560.44 | 19,213.66 | +38.2% | 25,076.37 | +5.9% |
| Profit before tax | 6,012.70 | 4,672.13 | +28.7% | 6,203.82 | −3.1% |
| Profit after tax | 4,623.86 | 3,534.39 | +30.8% | 4,719.18 | −2% |
| Total comprehensive income | 4,620.03 | 3,524.09 | +31.1% | 4,398.17 | +5% |
| Basic EPS | 10.24 | 7.89 | +29.8% | 10.45 | −2% |
- Total income YoY growth
- +38.2%
- Profit after tax YoY growth
- +30.8%
- Period
- 30-Sep-26
Also decided at the meeting
- Declared interim dividend of ₹0.50 per equity share (50% of face value ₹1) for FY 2026-27; record date November 11, 2026; payment on or before December 3, 2026.
- Took note of PEGEPL (wholly owned subsidiary) board approval of a ₹5,947 crore budget for a 10 GW Ingot and Wafer facility at Naidupeta, AP; Phase I 5 GW targeted by December 31, 2027.
Auditor's review
Conclusion: Unmodified
Notes to the results
- Company further acquired Transcon Ind Limited shares for ₹2,503.10 million, reaching 51% shareholding; Transcon became a subsidiary with effect from April 03, 2026.
- PEGEPL agreed to acquire minimum 26% stake aggregating ₹687.00 million in Hexa Energy BH Five Pvt Ltd; acquired 3.71% for ₹68.70 million during the six months.
- Allotted 9,57,142 equity shares of face value ₹1 to PEL ESOP Trust under PEL ESOP Scheme 2025 at a premium of ₹699 per share.
What the board approved
The board of Premier Energies met on November 04, 2026 and approved the unaudited financial results — both standalone and consolidated — for the quarter and half year ended September 30, 2026. These were reviewed and recommended by the Audit Committee and come with limited review reports from the statutory auditors, Deloitte Haskins & Sells. The meeting ran from 02:30 P.M. to 03:46 P.M. (IST).
The auditor's conclusion
Deloitte's report on both the standalone and consolidated statements says nothing came to its attention that would suggest the statements fail to disclose what the regulations require or contain a material misstatement. This is a limited review, which is narrower in scope than a full audit.
On the consolidated statement, the report records that the interim financial information of two subsidiaries and two associates was reviewed by other auditors, and that the interim financial information of three subsidiaries was not reviewed by their auditors and is, according to management's information and explanations, not material to the Group. The conclusion is not modified on account of these matters.
Interim dividend
- ₹0.50 per equity share, which is 50% of the face value of ₹1 per equity share, for the financial year 2026-27.
- Record date: November 11, 2026 — the cut-off used to decide which shareholders are eligible.
- Payment to eligible shareholders on or before December 3, 2026.
Ingot and wafer manufacturing facility
- The board took note of the approval by the board of Premier Energies Global Environment Private Limited (PEGEPL), a wholly owned subsidiary of the company, to a budget of ₹5,947 crore.
- The budget is for setting up a 10 GW Ingot and Wafer Manufacturing Facility at Naidupeta, Andhra Pradesh, by PEGEPL.
- The estimated completion timeline for the 5 GW capacity under Phase I is December 31, 2027.
Points to keep in mind
- The results are unaudited and have been reviewed, not audited in full.
- The ₹5,947 crore is a project budget of the subsidiary — a spending plan spread across the build period. The parent board's action was to take note of the subsidiary board's approval.
- December 31, 2027 is an estimated completion timeline, and it applies to the 5 GW Phase I capacity.
- The dividend is an interim payout for FY 2026-27; the record date and payment date above decide who receives it.
Also from Premier Energies
Premier Energies Q2 FY27: revenue up 43.3% to INR 26,318.52 Mn, PAT up 30.8%
4 Nov 2026
Board declares interim dividend of ₹0.50 per share; Record Date fixed as November 11, 2026
4 Nov 2026
Board declares interim dividend of ₹0.50 per share for FY 2026-27
4 Nov 2026
More numbers
- Interim dividend per equity share₹0.50
- Face value per equity share₹1
- Dividend as % of face value50%
- Budget approved by subsidiary PEGEPL₹5,947 crore
- Ingot and wafer facility capacity10 GW
- Phase I capacity5 GW
- Total income, latest quarter26,560.44 (Amount in ₹ million)
- Total income, year-ago quarter19,213.66 (Amount in ₹ million)
- Total income, previous quarter25,076.37 (Amount in ₹ million)
- Total comprehensive income, latest quarter4,620.03 (Amount in ₹ million)
- Total comprehensive income, year-ago quarter3,524.09 (Amount in ₹ million)
- Total comprehensive income, previous quarter4,398.17 (Amount in ₹ million)
- Profit after tax, latest quarter4,623.86 (Amount in ₹ million)
- Profit after tax, year-ago quarter3,534.39 (Amount in ₹ million)
- Profit after tax, previous quarter4,719.18 (Amount in ₹ million)
- Revenue from operations, latest quarter26,318.52 (Amount in ₹ million)
- Revenue from operations, year-ago quarter18,368.65 (Amount in ₹ million)
- Revenue from operations, previous quarter24,625.94 (Amount in ₹ million)
- Profit before tax, latest quarter6,012.70 (Amount in ₹ million)
- Profit before tax, year-ago quarter4,672.13 (Amount in ₹ million)
- Profit before tax, previous quarter6,203.82 (Amount in ₹ million)
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