Premier Energies has reported robust growth in its Q2 FY25 financial results, showing significant year-on-year and quarter-on-quarter gains in revenue and net profit.
YoY Performance
- Revenue: Premier Energies’ revenue surged by 120.1% YoY, reaching ₹1,527.2 crore in Q2 FY25, compared to ₹693.7 crore in Q2 FY24.
- Net Profit: The company’s net profit saw an impressive rise of 274.9% YoY, climbing to ₹205.9 crore from ₹52.9 crore in the same quarter last year.
QoQ Performance
- Revenue: Sequentially, revenue decreased by 7.8% from ₹1,657.4 crore in Q1 FY25.
- Net Profit: Net profit also saw a decline of 14.1% QoQ, down from ₹239.8 crore in the previous quarter.
This growth highlights Premier Energies’ strong performance year-on-year, although the company experienced a slight decrease in revenue and profit on a quarterly basis. The sharp YoY rise demonstrates Premier Energies’ expanding presence and operational success in the energy sector.