Premier Energies’ Board of Directors approved the unaudited financial results for Q3 2026 and extended the long-stop date for acquiring a 51% stake in Ksolare Energy Private Limited. The financial results include both standalone and consolidated figures, reviewed by Deloitte Haskins & Sells. The Ksolare Energy acquisition, initially announced in October 2025, is extended to February 20, 2026.
Financial Performance Approval
The Board has approved the unaudited financial results, both standalone and consolidated, for Q3 2026, which ended December 31, 2025. M/s. Deloitte Haskins & Sells, Statutory Auditors, issued a Limited Review Report for these results. The Audit Committee reviewed and recommended the financial results prior to Board approval.
Ksolare Energy Acquisition Update
The Board approved an extension to the long-stop date for the acquisition of a 51% equity stake in Ksolare Energy Private Limited. This extension, to February 20, 2026, allows for fulfillment of conditions precedent, according to an extension letter from the Seller and the Target Company. The initial acquisition announcement occurred on October 23, 2025, and involved association with Syrma SGS Technologies Limited.
Financial Highlights
Key figures from the consolidated financial results:
- Revenue from operations: ₹19,364.64 million for Q3 2026.
- Profit before tax: ₹5,051.73 million for Q3 2026.
- Profit for the period: ₹3,916.20 million for Q3 2026.
Basic earnings per share stood at ₹8.72.
Source: BSE
