Vikram Solar's Q4 FY 2025-26 Quarterly Results

Result Summary

• Vikram Solar Ltd reported a 30.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Mar (Q4 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 22.5%.
• Its expenses for the quarter were up by 36.2% QoQ and 25.6% YoY.
• The net profit increased 12.5% QoQ and increased 21.9% YoY.
• The earnings per share (EPS) of Vikram Solar Ltd stood at 3.03 during Q4 FY 2025-26.

Financial Statments for Q4 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Vikram Solar Ltd is a leading solar energy solutions provider, specializing in high-efficiency photovoltaic (PV) module manufacturing and comprehensive engineering, procurement, and construction (EPC) services. The company is part of the renewable energy sector, which is experiencing significant growth due to increased demand for sustainable energy solutions. Vikram Solar Ltd has been at the forefront of solar technology innovation, offering a range of solar products including mono-crystalline and poly-crystalline PV modules. While recent major developments specific to Vikram Solar Ltd are not available, the company operates in a dynamic industry characterized by rapid technological advancements and regulatory changes aimed at promoting renewable energy adoption.

Revenue

During Q4FY26, Vikram Solar Ltd reported a total income of ₹1471.01 crores, reflecting a robust growth of 30.6% on a quarter-over-quarter (QoQ) basis from ₹1126.18 crores in Q3FY26. Year-over-year (YoY), total income increased by 22.5% from ₹1201.06 crores in Q4FY25. This substantial revenue growth indicates the company's strong market position and effective strategies in capturing the expanding demand within the solar industry.

Profitability

In terms of profitability, Vikram Solar Ltd's profit before tax (PBT) for Q4FY26 was ₹139.05 crores, slightly decreasing by 2.6% QoQ from ₹142.83 crores in Q3FY26 and by 1.3% YoY from ₹140.86 crores in Q4FY25. The company experienced a significant reduction in tax expenses, which were ₹28.63 crores in Q4FY26, down 35.9% QoQ from ₹44.69 crores and 43.0% YoY from ₹50.24 crores. Consequently, the profit after tax (PAT) rose to ₹110.42 crores, marking a 12.5% QoQ increase from ₹98.15 crores and a 21.9% YoY increase from ₹90.61 crores. Earnings per share (EPS) also experienced a positive trend, increasing 12.2% QoQ and 1.7% YoY, reaching ₹3.03 in Q4FY26.

Operating Metrics

The company's total expenses in Q4FY26 amounted to ₹1331.96 crores, marking a rise of 36.2% QoQ from ₹977.73 crores in Q3FY26 and 25.6% YoY from ₹1060.20 crores in Q4FY25. This increase in expenses aligns with the growth in total income, reflecting the scaling operations to support revenue growth. Despite the increase in expenses, the profitability metrics indicate efficient cost management and strategic tax planning. The consistent growth in EPS underscores the company's ability to deliver shareholder value amidst evolving market conditions.