Premier Energies Limited has announced its financial results for the quarter and half-year ended September 30, 2026. The Board of Directors approved the unaudited standalone and consolidated financial results, along with the respective limited review reports. Additionally, the company declared an interim dividend of ₹0.50 per equity share for the financial year 2026-27, with November 11, 2026, set as the record date.
Financial Performance Review
Premier Energies Limited’s Board of Directors convened on November 04, 2026, to review and approve the company’s unaudited financial results for the quarter and half-year ended September 30, 2026. The results, presented on both a standalone and consolidated basis, were reviewed and recommended by the Audit Committee and accompanied by limited review reports from the Statutory Auditors.
Interim Dividend Declaration
A significant highlight of the board meeting was the approval of an interim dividend of ₹0.50 per equity share. This dividend represents 50% of the face value of ₹1 per equity share and is declared for the financial year 2026-27. The company has fixed November 11, 2026, as the record date for determining the shareholders eligible to receive this interim dividend. The payment of this dividend is scheduled to be completed on or before December 3, 2026.
Strategic Project Update
The Board also took note of the approval by Premier Energies Global Environment Private Limited (PEGEPL), a wholly-owned subsidiary, for a budget of ₹5,947 crore. This budget is allocated for establishing a 10 GW Ingot and Wafer Manufacturing Facility at Naidupeta, Andhra Pradesh. Phase I of this project, with a 5 GW capacity, is estimated to be completed by December 31, 2027.
Board Meeting Details
The Board Meeting commenced at 02:30 PM IST and concluded at 03:46 PM IST on November 04, 2026.
Source: BSE
