
Board Meeting6 Aug 2026, 09:31 pm
Vikram Solar Board Approves Q1 FY27 Unaudited Financial Results
AI Summary
Vikram Solar Limited's Board of Directors met on August 06, 2026, to consider and approve the un-audited financial results for the quarter ended June 30, 2026 (Q1FY27). The board also approved the enhancement of the backward-integrated wafer and ingot manufacturing facility at its Gangaikondan site, Tamil Nadu, from 6 GW to 9 GW, with commissioning scheduled by FY29. Additionally, M/s Emst & Young LLP was re-appointed as the Internal Auditors for FY 2026-27. The financial results were accompanied by a Limited Review Report from M/s G ARV & Associates.
Key Highlights
- Board approved Q1 FY27 un-audited financial results (Standalone & Consolidated).
- Manufacturing facility capacity increased from 6 GW to 9 GW.
- Facility enhancement at Gangaikondan, Tamil Nadu.
- Commissioning of the enhanced facility is expected by FY29.
- Emst & Young LLP re-appointed as Internal Auditors for FY27.
Price Impact
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