Vikram Solar Limited has announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, marking a period of exceptional growth. The company reported its highest-ever quarterly revenue of ₹1,452.59 million for Q4 FY26, a significant jump from ₹1,105.77 million in the preceding quarter. Profitability also saw a substantial rise, with net profit for the quarter reaching ₹110.42 million compared to ₹98.15 million in Q3 FY26. This performance was driven by record module production and strong execution of a growing order book, which stood at 8.2 GW as of March 31, 2026.

Vikram Solar Limited, headquartered in Kolkata, is a premier Indian solar energy solutions provider specializing in the manufacture of high-efficiency solar photovoltaic (PV) modules. As one of the nation’s largest pure-play solar manufacturers, the company operates across 39 countries and provides extensive EPC and O&M services. In a major strategic move in May 2026, the board approved a ₹3,726 crore capital expenditure to establish a 6 GW backward-integrated wafer and ingot facility in Tamil Nadu, aiming for completion by FY29. This initiative is part of a broader 12 GW roadmap to transform the company into a fully integrated solar leader. Throughout 2025 and early 2026, Vikram Solar secured significant orders, including a 250 MW supply contract from Bondada Group and a 148.9 MW TOPCon module order from Sunsure Energy. Prominent institutional involvement remains strong, with promoters including Vikram Capital Management and the Gyanesh Chaudhary Family Trust holding significant stakes as of December 2025.