VIKRAM SOLAR
Quarterly Results Analysis [Mar2026]
VIKRAM SOLAR Quarterly Results
| Consolidated | Mar2026 UnAudited |
Dec2025 UnAudited |
Sep2025 UnAudited |
Jun2025 UnAudited |
Mar2025 UnAudited |
Dec2024 UnAudited |
Sep2024 UnAudited |
Jun2024 UnAudited |
|---|---|---|---|---|---|---|---|---|
| Revenues | ₹1,453 Cr | ₹1,106 Cr | ₹1,110 Cr | ₹1,134 Cr | ₹1,194 Cr | ₹1,026 Cr | ₹573 Cr | ₹631 Cr |
| Expenses | ₹1,218 Cr | ₹901 Cr | ₹875 Cr | ₹891 Cr | ₹970 Cr | ₹941 Cr | ₹501 Cr | ₹519 Cr |
| Operating Income | ₹235 Cr | ₹205 Cr | ₹235 Cr | ₹242 Cr | ₹224 Cr | ₹85 Cr | ₹72 Cr | ₹111 Cr |
| Other Income | ₹18 Cr | ₹20 Cr | ₹16 Cr | ₹4 Cr | ₹8 Cr | ₹12 Cr | ₹11 Cr | ₹6 Cr |
| Interest | ₹57 Cr | ₹40 Cr | ₹32 Cr | ₹32 Cr | ₹48 Cr | ₹28 Cr | ₹34 Cr | ₹45 Cr |
| Depreciation | ₹57 Cr | ₹37 Cr | ₹35 Cr | ₹34 Cr | ₹42 Cr | ₹39 Cr | ₹37 Cr | ₹37 Cr |
| Profit Before Tax | ₹139 Cr | ₹143 Cr | ₹184 Cr | ₹181 Cr | ₹141 Cr | ₹30 Cr | ₹11 Cr | ₹36 Cr |
| Profit After Tax | ₹110 Cr | ₹98 Cr | ₹128 Cr | ₹133 Cr | ₹91 Cr | ₹19 Cr | ₹7 Cr | ₹23 Cr |
| EPS | ₹3.05 | ₹2.71 | ₹3.55 | ₹4.21 | ₹2.86 | ₹0.60 | ₹0.23 | ₹0.72 |
| Industry Peers & Returns | 1W | 1M | 1Y |
| VIKRAM SOLAR | -1.6% | -8.4% | NA |
| KAYNES TECHNOLOGY INDIA | 2% | 4.2% | -44.3% |
| SYRMA SGS TECHNOLOGY | -5.1% | 4.7% | 114.5% |
| AVALON TECHNOLOGIES | 0.5% | -0.9% | 103.1% |
| SAATVIK GREEN ENERGY | 3.2% | -2.3% | NA |
| WEBSOL ENERGY SYSTEM | 4.4% | -2.1% | -24.9% |
| CENTUM ELECTRONICS | -1.1% | 2.6% | 60.4% |
| CYIENT DLM | 10% | 24.4% | 20.7% |
| KERNEX MICROSYSTEMS (INDIA) | -8.6% | -3% | 80% |
VIKRAM SOLAR Quarterly Revenues
| Revenues | |
|---|---|
| Q-o-Q | 31.36 % |
| Y-o-Y | 21.73 % |
| Quarters | Revenues | % Change | |
|---|---|---|---|
| Mar2026 | ₹1,453 Cr | 31.36 | |
| Dec2025 | ₹1,106 Cr | -0.36 | |
| Sep2025 | ₹1,110 Cr | -2.09 | |
| Jun2025 | ₹1,134 Cr | -5.02 | |
| Mar2025 | ₹1,194 Cr | 16.32 | |
| Dec2024 | ₹1,026 Cr | 79.08 | |
| Sep2024 | ₹573 Cr | -9.19 | |
| Jun2024 | ₹631 Cr | - | |
VIKRAM SOLAR Quarterly Operating Profit
| Operating Profit | |
|---|---|
| Q-o-Q | 14.45 % |
| Y-o-Y | 4.82 % |
| Quarters | Operating Profit | % Change | |
|---|---|---|---|
| Mar2026 | ₹235 Cr | 14.45 | |
| Dec2025 | ₹205 Cr | -12.82 | |
| Sep2025 | ₹235 Cr | -2.96 | |
| Jun2025 | ₹242 Cr | 8.25 | |
| Mar2025 | ₹224 Cr | 164.09 | |
| Dec2024 | ₹85 Cr | 17.46 | |
| Sep2024 | ₹72 Cr | -35.29 | |
| Jun2024 | ₹111 Cr | - | |
| Operating Margins | |
|---|---|
| Q-o-Q | -12.90 % |
| Y-o-Y | -13.87 % |
| Quarters | Operating Margin% | % Change | |
|---|---|---|---|
| Mar2026 | 16.14% | -12.90 | |
| Dec2025 | 18.53% | -12.47 | |
| Sep2025 | 21.17% | -0.89 | |
| Jun2025 | 21.36% | 13.98 | |
| Mar2025 | 18.74% | 126.88 | |
| Dec2024 | 8.26% | -34.39 | |
| Sep2024 | 12.59% | -28.71 | |
| Jun2024 | 17.66% | - | |
VIKRAM SOLAR Quarterly Profit After Tax
| Profit After Tax(PAT) | |
|---|---|
| Q-o-Q | 12.51 % |
| Y-o-Y | 21.86 % |
| Quarters | Profit After Tax | % Change | |
|---|---|---|---|
| Mar2026 | ₹110 Cr | 12.51 | |
| Dec2025 | ₹98 Cr | -23.61 | |
| Sep2025 | ₹128 Cr | -3.66 | |
| Jun2025 | ₹133 Cr | 47.18 | |
| Mar2025 | ₹91 Cr | 376.41 | |
| Dec2024 | ₹19 Cr | 158.53 | |
| Sep2024 | ₹7 Cr | -67.79 | |
| Jun2024 | ₹23 Cr | - | |
| PAT Margins | |
|---|---|
| Q-o-Q | -14.32 % |
| Y-o-Y | 0.13 % |
| Quarters | PAT Margin(%) | % Change | |
|---|---|---|---|
| Mar2026 | 7.6 % | -14.32 | |
| Dec2025 | 8.87 % | -23.40 | |
| Sep2025 | 11.58 % | -1.53 | |
| Jun2025 | 11.76 % | 54.94 | |
| Mar2025 | 7.59 % | 310.27 | |
| Dec2024 | 1.85 % | 44.53 | |
| Sep2024 | 1.28 % | -64.64 | |
| Jun2024 | 3.62 % | - | |
VIKRAM SOLAR Quarterly Earnings Per Share (EPS)
| EPS | |
|---|---|
| Q-o-Q | 12.55 % |
| Y-o-Y | 6.64 % |
| Quarters | EPS | % Change | |
|---|---|---|---|
| Mar2026 | ₹3.05 | 12.55 | |
| Dec2025 | ₹2.71 | -23.66 | |
| Sep2025 | ₹3.55 | -15.68 | |
| Jun2025 | ₹4.21 | 47.20 | |
| Mar2025 | ₹2.86 | 376.67 | |
| Dec2024 | ₹0.6 | 160.87 | |
| Sep2024 | ₹0.23 | -68.06 | |
| Jun2024 | ₹0.72 | - | |
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