Vikram Solar Share Price Rose 8%; Revenue Up 79.7% in Q1FY26 Results

Vikram Solar Limited has announced its unaudited financial results for the quarter ended June 30, 2025 (Q1FY26).

Vikram Solar Q1 FY26 Results

In Q1FY26, Vikram Solar Limited delivered a robust performance with revenue rising 79.7% year-on-year (Y-o-Y) to ₹1,133.6 crore, compared to ₹630.9 crore in Q1FY25. EBITDA grew 117.3% Y-o-Y to ₹242.2 crore, up from ₹111.5 crore in the same period last year, with healthy margins.

The company’s profitability surged significantly, as PAT jumped 483.9% Y-o-Y to ₹133.4 crore, against ₹22.8 crore in Q1FY25.

Order Book and Capacity Utilization

As of June 30, 2025, Vikram Solar’s order book stood at 10.96 GW, reflecting robust demand. The company also achieved capacity utilisation of 89.2%, demonstrating operational efficiency and strong execution capabilities.

Commenting on the performance Mr. Gyanesh Chaudhary, Chairman & Managing Director, Vikram Solar Limited said, “On the capex front, we are undertaking a transformational growth journey. We are scaling our manufacturing capacities by ~4x, supported by a buoyant demand environment. Additionally, we are strategically backward integrating into solar cell manufacturing which gives us supply chain security and cost competitiveness and strengthens our position across the value chain.”

He further added, “Looking ahead, we remain confident of sustaining this momentum through the rest of the year, driven by our strong order pipeline, expanding capacities, and disciplined execution. With multiple industry tailwinds such as focus on Atmanirbhar Bharat, coupled with policy support like PLI schemes, custom duties, and encouragement in domestic production and green hydrogen ambitions, has created the right ecosystem for building a truly self-reliant solar value chain.”

Key Business Updates

• Secured a 250 MW solar module supply order from Bondada Group in Maharashtra.
• Won 326 MW solar module supply orders from GIPCL.
• Secured 336 MW solar module supply orders from L&T, reinforcing its leadership in India’s solar sector.

Vikram Solar Share Price Performance

On September 10, 2025, Vikram Solar share price (NSE: VIKRAMSOLR) opened at ₹385.00, up from its previous close of ₹360.60. At 10:56 AM, the share price of Vikram Solar was trading at ₹390.50, up by 8.29% on the NSE.

Also Read: Vikram Solar Bags 336 MW Module Order from L&T Construction!

Conclusion

Vikram Solar’s exceptional Q1FY26 results underscore its strong growth trajectory, operational efficiency, and expanding market presence. With a healthy order book and significant partnerships, the company is well-positioned to sustain momentum in the renewable energy sector.

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