What were Vikram Solar's Q3 financial highlights?

Vikram Solar reported a Q3 profit of ₹98 crore on revenue of ₹1,106 crore, with EBITDA doubling to ₹205 crore.

How much capacity does Vikram Solar have now?

Vikram Solar's manufacturing capacity has expanded to 9.5 GW following the operational start of its Vallam facility.

What is Vikram Solar's current order book size?

The company holds a robust order book of 10.6 GW as of December 31, 2025.

Home / Business and Economy / Vikram Solar's Profit Skyrockets in Q3

Vikram Solar's Profit Skyrockets in Q3

20 Jan

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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.