Vikram Solar Limited reported its strongest-ever financial performance in FY26, driven by higher module production, a growing order book, and improved profitability. The company posted consolidated revenue of Rs 4,802 crore for the fiscal year, marking a 40% year-on-year increase, while Profit After Tax (PAT) surged 236% to Rs 470 crore. According to the company’s…
Vikram Solar Limited has signed a domestic solar cell procurement agreement with Jupiter International Limited to source 2 GW of crystalline solar cells valued at about Rs 2,000 crore. The agreement was executed on February 20, 2026. The contract covers the supply of high-efficiency Tunnel Oxide Passivated Contact (TopCon) Solar Cells and high-efficiency mono Passivated…
Vikram Solar has received an order to supply 148.9 MW of high-efficiency solar modules to Sunsure Energy. The 595 Wp modules will be installed across Maharashtra and Uttar Pradesh. Vikram Solar will provide its advanced Ml0R N-Type TOPCon modules, noted for high efficiency, reliability, and energy yield. This order adds to a series of recent…
Vikram Solar Limited has announced a contract to supply 200 megawatts (MW) of high-efficiency solar modules to AB Energia Solutions Private Limited. The modules, rated at 590 watts peak (Wp) and above, will be deployed across Maharashtra, Madhya Pradesh, and Gujarat. Deliveries will begin in September 2025 and continue through March 2026, according to the…
Vikram Solar Limited has reported revenue of Rs 11.33 billion for the first quarter of FY 2025-26, ending June 30, 2025. This reflects a 79.7 per cent increase from Rs 6.30 billion in the same period last year. Earnings before interest, taxes, depreciation, and amortisation stood at Rs 2.42 billion in Q1 FY 2025-26, compared…
Vikram Solar has received an order to supply 336 megawatts (MW) of solar modules to L&T Construction. The modules will be deployed at Khavda, Gujarat, where the company has supplied earlier projects as well. For this order, Vikram Solar will provide its Hypersol G12R modules built on N-type technology. The modules are designed with up…
The initial public offering of Vikram Solar Limited opened on Tuesday and will close on 21 August 2025. The company has set the price band at Rs 315 to Rs 332 per share. The issue is proposed for listing on both the NSE and the BSE. The IPO seeks to raise Rs 20.79 billion. Of…
Vikram Solar has received a module supply order from Bondada Group for a 250 MW solar project in Maharashtra. The company will deliver its high-efficiency n-type solar modules under the agreement. Deliveries are expected to begin in the financial year 2025–26. The modules will be sourced from the Approved List of Models and Manufacturers (ALMM),…
Vikram Solar Limited has secured final approval from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO). The IPO includes a fresh issue of equity shares worth up to Rs 15 billion and an offer for sale of up to 17.45 million equity shares by the promoter and promoter…
Vikram Solar has received a 1,000 MW order to supply solar photovoltaic modules for renewable energy projects in Karnataka, Gujarat, and Rajasthan under JSW Neo Energy Limited’s renewable energy initiative. The order includes Hypersol N-Type TOPCon Glass-to-Glass Modules with power outputs of 580 Wp or higher, designed for high efficiency and large-scale solar installations. Manufacturing…