Vikram Solar's Q2 FY 2025-26 Quarterly Results

Result Summary

• Vikram Solar Ltd reported a 1.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a - of -.
• Its expenses for the quarter were down by 1.7% QoQ and - - YoY.
• The net profit decreased 3.7% QoQ and - - YoY.
• The earnings per share (EPS) of Vikram Solar Ltd stood at 3.82 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Vikram Solar Ltd is a prominent player in the solar energy industry, primarily engaged in the manufacturing and installation of solar photovoltaic (PV) modules. The company is recognized for its commitment to innovation and sustainability, offering a range of solar solutions that cater to both residential and commercial segments. Vikram Solar has a significant presence in the renewable energy sector, focusing on the development of efficient and cost-effective solar power solutions. As of the latest updates, the company has been actively involved in expanding its manufacturing capabilities and increasing its market reach through strategic collaborations and projects. However, specific details about recent developments or new product launches are not available in the provided data.

Revenue

During the second quarter of the fiscal year 2026 (Q2FY26), Vikram Solar Ltd reported a total income of ₹1125.80 crores. This reflects a slight decline in revenue compared to the first quarter of the same fiscal year (Q1FY26), where the total income was ₹1137.78 crores, marking a quarter-over-quarter (QoQ) decrease of 1.1%. No year-over-year (YoY) comparison is available due to the absence of corresponding data from the second quarter of fiscal year 2025 (Q2FY25). The data indicates a consistent revenue stream, albeit with a marginal dip in the most recent quarter.

Profitability

In terms of profitability, Vikram Solar Ltd's profit before tax (PBT) for Q2FY26 stood at ₹184.46 crores, demonstrating a 2.1% increase from the previous quarter's PBT of ₹180.62 crores. The tax expenses for Q2FY26 were ₹55.97 crores, up by 18.4% from ₹47.26 crores in Q1FY26. Consequently, the profit after tax (PAT) for Q2FY26 was ₹128.49 crores, which is a 3.7% decline from the ₹133.36 crores recorded in Q1FY26. Earnings per share (EPS) also saw a decrease, from ₹4.20 in Q1FY26 to ₹3.82 in Q2FY26, reflecting a 9.0% drop. The data shows a mixed performance in profitability metrics, with some improvements in pre-tax profits but a decrease in net profits and EPS.

Operating Metrics

The financial data provided for Vikram Solar Ltd highlights several key operating metrics. Total expenses for Q2FY26 were ₹941.34 crores, which is a reduction of 1.7% from the ₹957.15 crores recorded in Q1FY26. This decrease in expenses is aligned with the slight decline in total income over the same period. The company's tax rate for Q2FY26, inferred from the tax and profit before tax figures, indicates an increase in the tax burden. Earnings per share (EPS) dropped from ₹4.20 in Q1FY26 to ₹3.82 in Q2FY26, showcasing a trend that aligns with the decline in profit after tax. The data provides insight into the company's operational efficiencies and cost management strategies during this period.