Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An announcement from Vikram Solar Limited ( (IN:VIKRAMSOLR) ) is now available.
Vikram Solar reported robust growth in its unaudited financial results for the third quarter and nine months ended December 31, 2025, driven by higher module sales and strong execution. Revenue from operations in Q3FY26 rose 8% year-on-year to ₹1,106 crore, while EBITDA surged 142% to ₹205 crore, lifting margins to 19% from 8% a year earlier. Profit after tax jumped 416% to ₹98 crore, with PAT margins improving to 9%, and for the nine‑month period, revenue grew 50% and PAT climbed 631%, reflecting significant operating leverage. Operationally, module sales rose 35% year-on-year in Q3FY26 to 796 MW and nearly doubled to 2,344 MW over nine months, with capacity utilization at a high 90%, supported by a 10.6 GW order book. The results highlight strengthened profitability, efficient capacity use, and a healthy demand pipeline, reinforcing the company’s competitive position in the solar manufacturing sector and providing greater earnings visibility for stakeholders.
More about Vikram Solar Limited
Vikram Solar Limited is a leading Indian manufacturer of solar photovoltaic (PV) modules, with a strong presence in both domestic and export markets. Its order book of 10.6 GW as of December 31, 2025, is predominantly driven by domestic demand (84%), serving a diversified customer base that includes independent power producers, commercial and industrial clients, distribution companies, government projects, and EPC players, underscoring its positioning as a key player in India’s solar manufacturing ecosystem.
Average Trading Volume: 92,337
Technical Sentiment Signal: Strong Sell
For an in-depth examination of VIKRAMSOLR stock, go to TipRanks’ Overview page.