Premier Energies share price: Following the company’s announcement of a 490.58% YoY growth in profit after tax, which reached Rs 255.22 crore in Q3 FY25, Premier Energies’ shares jumped 10.3% on the BSE. At Rs 1,713.32 crore, operating revenue increased 140.47% year over year. With February 14 as the record date, the business also announced an interim dividend of Rs 50 paisa per share.
Premier Energies Shares Surge 10% as Q3 PAT Jumps 491% YoY to Rs. 255 Crore
Following Premier Energies’ announcement of a 490.58% YoY rise in its profit after tax (PAT) to Rs 255.22 crore for the third quarter of the fiscal year 2025, the company’s shares jumped 10.3% to Rs 1,177.60 in early trading on the BSE on Tuesday, February 4.
For the same time period last year, it was Rs 43.21 crore. PAT also demonstrated a robust 23.93% rise on a quarter-over-quarter (QoQ) basis, up from Rs 205.94 crore in Q2 FY25.
Key Highlights:
- The company’s strong financial performance has boosted investor confidence, driving a significant rally in its stock price.
- Revenue growth and operational efficiency contributed to the surge in profitability.
- Market analysts are optimistic about Premier Energies’ future performance, given its expanding footprint in the renewable energy sector.
The stock remains in focus as investors react to the strong Q3 results, positioning Premier Energies as a key player in the industry’s growth trajectory.
