Vikram Solar Q3 Profit Soars to ₹98 Crore, Revenue Jumps to ₹1,106 Crore
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CNBC TV18•20-01-2026, 17:17
Vikram Solar Q3 Profit Soars to ₹98 Crore, Revenue Jumps to ₹1,106 Crore
- •Vikram Solar reported a significant profit increase to ₹98 crore in Q3 FY26, up from ₹19 crore year-on-year.
- •Revenue surged to ₹1,106 crore, with EBITDA more than doubling to ₹205 crore, despite a ₹56 crore labor code impact.
- •The company's order book stands strong at 10.6 GW, with 84% from domestic projects, showcasing diversified customer base.
- •Operations began at the new 5 GW Vallam module facility, expanding total manufacturing capacity to 9.5 GW.
- •Vikram Solar is transitioning to high-efficiency N-Type modules, including the 640 Wp HYPERSOL series, and approved ₹4,371 crore capex for battery energy storage.
Why It Matters: Vikram Solar achieved robust Q3 growth in profit and revenue, driven by operational efficiency and capacity expansion.
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