VIKRAMSOLR Vikram Solar Q3 FY26 results (Oct–Dec 2025) and concall
Vikram Solar reported strong Q3 FY26 results, driven by increased sales volume and significant margin expansion, alongside the commissioning of a new 5 GW module facility. The order book grew 28% YoY, providing good revenue visibility. The company is actively pursuing backward integration with new cell and module facilities and entering the BESS segment, while navigating short-term input cost pressures and policy developments.
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What they filed
Q3 FY26: revenue up 7.7%, net profit up 357.1% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|
| Revenue | 574 | 1,027 | 1,183 | 1,135 | 1,110 +93% | 1,106 +8% |
| EBITDA | 78 | 87 | 211 | 244 | 234 +200% | 203 +133% |
| Net profit | 11 | 21 | 83 | 134 | 128 +1064% | 96 +357% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
