Vikram Solar Posts ₹1.28 Billion Profit On ₹11.1 Billion Revenue In Q2 FY26

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Vikram Solar Ltd reported a consolidated net profit of ₹1.28 billion for the September 2025 quarter, backed by strong operational revenue of ₹11.1 billion. The company’s robust performance reflects rising demand for solar modules, improved capacity utilization, and strategic expansion across domestic and global markets.

Strong quarterly results driven by solar demand

Vikram Solar Ltd, one of India’s leading solar energy solution providers, announced its financial results for the quarter ended September 30, 2025. The company posted a consolidated revenue from operations of ₹11.1 billion and a net profit of ₹1.28 billion, signaling strong momentum in its core solar module manufacturing and EPC businesses.

The results underscore Vikram Solar’s ability to capitalize on the growing demand for renewable energy infrastructure, both within India and in international markets.

Operational efficiency and strategic wins

The company attributed its performance to higher capacity utilization, improved operating margins, and successful execution of large-scale solar module supply orders. Vikram Solar also completed its IPO earlier this year, raising ₹1,500 crore, which has helped strengthen its balance sheet and fund expansion plans.

During the quarter, the company secured multiple orders, including a 250 MW module supply contract from Bondada Group in Maharashtra, further boosting its order book.

Key highlights from the September quarter

- Consolidated revenue from operations reached ₹11.1 billion
- Net profit stood at ₹1.28 billion for Q2 FY26
- Capacity utilization improved to over 89 percent
- Secured 250 MW solar module supply order from Bondada Group
- IPO proceeds of ₹1,500 crore used for expansion and debt reduction
- Two new board members appointed to strengthen governance

Strategic outlook and industry positioning

Vikram Solar continues to focus on scaling its manufacturing capacity and expanding its global footprint. With a strong order book and increasing demand for clean energy solutions, the company is well-positioned to benefit from India’s renewable energy targets and global decarbonization efforts.

Analysts expect Vikram Solar to maintain its growth trajectory, supported by policy tailwinds, export opportunities, and technological innovation.

Sources: ScanX News, Rediff MoneyWiz, Vikram Solar Press Releases, MSN News