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Vikram Solar's Profit Skyrockets in Q3

20 Jan

Summary

Profit surged to ₹98 crore in Q3, a significant increase from last year.
Manufacturing capacity expanded to 9.5 GW with a new facility.
A substantial 10.6 GW order book indicates strong future demand.

Vikram Solar Limited has announced a substantial profit increase for the quarter ending December 2025, reporting ₹98 crore compared to ₹19 crore in the previous year. This financial success was driven by increased operational efficiency and higher execution volumes, leading to a revenue of ₹1,106 crore and more than doubling EBITDA to ₹205 crore.

The company's manufacturing capabilities have been enhanced with the commencement of its 5 GW Vallam module facility, bringing total capacity to 9.5 GW. Vikram Solar also holds a strong order book of 10.6 GW as of December 31, 2025, with the majority of orders originating from domestic projects.

Further strategic moves include a shift to high-efficiency N-Type modules and the launch of the HYPERSOL series. Key developments also included an upgraded credit rating and approval for ₹4,371 crore in capital expenditure for its battery energy storage system business.

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