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Quarterly Result20 Jan 2026, 04:42 pm

Vikram Solar Reports 416% Y-o-Y Increase in PAT for Q3FY26, Robust Order Book of 10.6 GW

AI Summary

Vikram Solar Limited, a leading manufacturer of Solar PV modules in India, has announced its unaudited financial results for the third quarter and nine months ended December 31, 2025. The company reported a 8% Y-o-Y growth in revenue from operations, standing at INR 1,106 Cr. EBITDA for the quarter stood at INR 205 Cr, an increase of 142% Y-o-Y. PAT for Q3FY26 grew by 416% on a Y-o-Y basis, standing at INR 98 Cr. The company's order book stands at 10.6 GW as on 31st December 2025, with 84% domestic and 16% exports. Vikram Solar also commenced operations at its 5 GW module plant in Vallam, taking its total manufacturing capacity to 9.5 GW.

Key Highlights

  • Revenue from Operations for Q3FY26 grew by 8% on a Y-o-Y basis, standing at INR 1,106 Cr
  • EBITDA for the quarter stood at INR 205 Cr, an increase of 142% Y-o-Y
  • PAT for Q3FY26 grew by 416% on a Y-o-Y basis, standing at INR 98 Cr
  • Order Book: 10.6 GW as on 31st December 2025
  • Commenced Operations at 5 GW module plant in Vallam
VIKRAMSOLR
Other Electrical Equipment
Vikram Solar Ltd

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