India-based PV module manufacturer Vikram Solar has published its June quarter FY26 consolidated financials. Net income was reported to be ₹133.4 crore ($14.7 million), which was up sharply from INR 22.8 crore (~ $2.5 million) in the same quarter of the previous year. Quarterly revenue was INR 1,133 crore (~ $124.5 million) and witnessed 79.7% YoY growth from INR 630.9 crore (~ $69.4 million). EBITDA was strengthened by 117.3% to INR 242.2 crore (~$26.7 million) as operating efficiency and demand for PV modules improved. The firm, which was listed on the exchanges about two weeks ago, said its order book was standing at 10.96 GW as of June 30. Vikram Solar CMD Gyanesh Chaudhary stated that FY26 has begun on strong lines in revenue, profitability, and margins.
Vikram Solar posts INR 133 crore net profit in Q1 FY26
Vikram Solar, headquartered in Kolkata, has reported INR 133.4 crore Q1 FY26 profit, with 79.7% revenue growth and order book standing at 10.96 GW.
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