Vikram Solar Q1 profit drops 86% despite 35% revenue growth
Vikram Solar Limited reported an 86% year-on-year decline in standalone net profit for the quarter ended June 30, 2026 (Q1 FY27), as higher raw material and service costs compressed margins despite strong revenue growth. Standalone net profit fell to Rs 187.27 million from Rs 1,344.15 million in the corresponding quarter last year, while revenue from…