Premier Energies Limited (PREMIERENE)
General Updates
Premier Battery Technologies Pvt Ltd, a wholly-owned subsidiary of Premier Energies, signed a binding Term Sheet with RCT Energy India Pvt Ltd to form a JV, Premier Energies Storage Solutions Pvt Ltd, for a 12 GWh BESS manufacturing facility. Phase 1 with 6 GWh capacity to be set up in FY27-28 at Seetharampur, Telangana. JV to serve commercial, industrial, and utility-scale BESS markets. Shareholding split: 85% PBTPL, 15% RCT India, with option to increase to 80:20.
Source: Original filing PDF
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🚨 PREMIERENE — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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