Vikram Solar Q4 FY26 Revenue Hits Record ₹1,453 Cr, PAT Surges 236%
Vikram Solar reported record Q4 FY26 revenue of ₹1,453 crore, up 22% YoY. Full-year revenue reached ₹4,802 crore, a 40% increase. PAT surged 236% YoY to ₹470 crore for FY26. The company appointed Sameer Nagpal as CEO and secured 1.9 GW orders in Q4.
The record financial results, significant year-on-year growth in key metrics like revenue and PAT, appointment of a new CEO, and strong order book position strongly influence investor confidence and the company's market standing.
The announcement shows record revenues, significant growth in EBITDA and PAT, and a strong order book, indicating positive financial performance and future prospects.
Vikram Solar Limited has announced its investor presentation for the quarter and year ended March 31, 2026. The company achieved a record revenue of ₹1,453 crore in Q4 FY26, marking a 22% year-on-year increase and a 31% sequential growth from Q3 FY26. For the full fiscal year FY26, revenue grew by 40% to ₹4,802 crore, up from ₹3,423 crore in FY25.
EBITDA for Q4 FY26 stood at ₹235 crore, an increase of 5% YoY and 14% QoQ. Full-year EBITDA saw a significant jump of 86% to ₹917 crore in FY26 from ₹492 crore in FY25. Profit After Tax (PAT) for the fourth quarter surged by 21% YoY to ₹110 crore, and for the full year, PAT grew an impressive 236% to ₹470 crore in FY26 from ₹140 crore in FY25.
The company also reported its highest-ever quarterly production of 971 MW in Q4 FY26 and secured 1.9 GW of new orders during the quarter. Vikram Solar has expanded its manufacturing capabilities, with plans for 9 GW cell production by December 2026 and 12 GW of wafer-ingot by FY29-30. The company also launched its battery solutions brand, "VION", and secured an order for 378 MW of modules from NTPC Green Energy Limited.
Vikram Solar has appointed Mr. Sameer Nagpal as its new Chief Executive Officer to lead the next phase of strategic growth. The company's order book as of March 31, 2026, stood at 8.2 GW, with a diversified mix of IPP, Government, EPC, and C&I orders.
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Vikram Solar Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Vikram Solar Limited. Read the original for the full detail.