Premier Set to Announce Q2 FY26 Results on October 28, Stock Shows Recent Gains

1 min read     Updated on 27 Oct 2025, 10:19 AM
scanx
Reviewed by
Ashish ThakurScanX News Team
Overview

Premier, a leading solar cells and modules manufacturer with a 5.1 GW annual production capacity, will release its Q2 and H1 FY26 financial results on October 28, 2025. The company has scheduled a board meeting to review the audited standalone and consolidated financial results, followed by an earnings call on October 29. The trading window is closed from October 1 until 48 hours after the results declaration. In the previous quarter, Premier reported a 12% YoY growth in consolidated total income and a 55.30% increase in net profit. The stock is currently trading at ₹1,090.00, showing recent positive momentum despite a year-to-date decline.

23086178

*this image is generated using AI for illustrative purposes only.

Premier , a leading solar cells and modules manufacturer, is gearing up to release its quarterly financial results. The company, known for its substantial 5.1 GW annual production capacity, has scheduled important events for investors and analysts.

Key Highlights

  • Results Announcement: October 28, 2025
  • Board Meeting Agenda: Review of audited standalone and consolidated financial results for Q2 and H1 FY26
  • Earnings Call: October 29, 2025, at 10:00 AM
  • Trading Window: Closed from October 1 until 48 hours post-results declaration

Recent Financial Performance

In the previous quarter, Premier demonstrated strong financial growth:

Metric Amount (₹ in crore) YoY Growth
Consolidated Total Income 1,869.52 12.00%
Net Profit 307.79 55.30%

Stock Performance

Premier's stock has shown mixed performance recently:

Time Frame Change
Past 5 Trading Sessions +2.77%
Last Month +6.90%
Year-to-Date -18.16%

The stock is currently trading at ₹1,090.00, having fluctuated between a 52-week high of ₹1,388.00 and a low of ₹774.05.

Investor Considerations

As Premier prepares to announce its Q2 FY26 results, investors and analysts will be keen to see if the company can maintain its growth trajectory. The significant year-on-year increase in net profit from the previous quarter sets a high benchmark for performance expectations.

The recent positive movement in the stock price, despite the year-to-date decline, suggests that market sentiment may be improving. However, investors should approach these short-term gains with caution and focus on the upcoming financial results for a clearer picture of the company's performance and future outlook.

The scheduled earnings call on October 29 will provide an opportunity for stakeholders to gain deeper insights into the company's performance and strategic direction. As always, investors are advised to conduct thorough research and consider their financial goals before making investment decisions.

Historical Stock Returns for Premier

1 Day5 Days1 Month6 Months1 Year5 Years
-1.37%-4.50%+3.14%+20.33%+1.98%+31.27%
like19
dislike

Premier Expands into Solar Inverter and Power Transformer Sectors through Strategic Acquisitions

1 min read     Updated on 23 Oct 2025, 04:11 PM
scanx
Reviewed by
Jubin VergheseScanX News Team
Overview

Premier, India's second-largest solar cell and module manufacturer, is diversifying through two major acquisitions. The company is acquiring a 51% stake in KSolare Energy for ₹86.70 crore, entering the solar inverter manufacturing sector. Additionally, Premier is set to acquire a 51% stake in Transcon Ind Ltd. for ₹500.00 crore, marking its entry into power transformer manufacturing. These strategic moves aim to diversify Premier's portfolio and create synergies with its existing solar module business.

22761710

*this image is generated using AI for illustrative purposes only.

Premier , India's second-largest fully integrated solar cell and solar module manufacturer, is set to diversify its portfolio through two significant acquisitions, marking its entry into both the solar inverter and power transformer manufacturing segments.

KSolare Energy Acquisition

Premier's board has approved the acquisition of a 51% stake in Pune-based KSolare Energy for ₹86.70 crore. This move marks the company's entry into solar inverter manufacturing. Key details include:

  • KSolare will become a subsidiary of Premier
  • Syrma SGS Technologies will acquire the remaining 49% stake for ₹83.30 crore
  • KSolare manufactures on-grid, off-grid, and hybrid solar inverters
  • Annual production capacity: 500,000 inverters
  • KSolare's revenue: ₹342.00 crore in fiscal 2025, ₹226.00 crore in FY24, and ₹145.00 crore in FY23
  • The cash transaction is expected to close within 90 days
  • Both companies will jointly manage KSolare's business through equal board representation

Transcon Ind Ltd. Acquisition

In addition to the KSolare acquisition, Premier is also set to acquire a majority stake in Hyderabad-based Transcon Ind Ltd., entering the power transformer manufacturing segment.

Aspect Details
Stake Acquired 51%
Acquisition Cost ₹500.00 crore
Target Company Transcon Ind Ltd.
Target's Business Manufacture and sale of various types of transformers
Expected Completion Within 90 days, subject to preconditions
Regulatory Approval Not required

Strategic Implications

These acquisitions are poised to yield several benefits for Premier:

  1. Diversification: Enables entry into both solar inverter and power transformer manufacturing sectors.
  2. Synergies: Potential for operational and market synergies with existing solar module manufacturing business.
  3. Integrated Solutions: Positions the company to offer more comprehensive energy solutions.
  4. Cross-Selling Opportunities: Opens up new avenues for business growth.

Market Response

Following the Transcon Ind Ltd. acquisition announcement, Premier's shares closed 0.90% higher at ₹1,069.00. However, it's worth noting that the stock has experienced mixed performance over different time frames:

Time Period Stock Performance
Past 12 months 20.00% decline
Year-to-date 7.00% gain

Looking Ahead

As Premier continues to expand its footprint in the energy sector, investors and industry observers will be keenly watching how these acquisitions impact the company's overall performance and market position. The company is scheduled to announce its quarterly earnings on October 28, which may provide further insights into its financial health and the potential impact of these strategic moves.

These acquisitions underscore the dynamic nature of India's energy sector, with companies like Premier actively seeking to diversify and strengthen their market presence across various segments of the energy value chain.

Historical Stock Returns for Premier

1 Day5 Days1 Month6 Months1 Year5 Years
-1.37%-4.50%+3.14%+20.33%+1.98%+31.27%
like19
dislike
More News on Premier
Explore Other Articles
3.61
-0.05
(-1.37%)