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Vikram Solar reported a net profit of ₹98.15 crore for Q3FY26, up from ₹19.02 crore in Q3FY25, driven by volume growth and improved efficiency. The board approved ₹4,371 crore for a battery energy storage systems project via VSL Powerhive.

Q3FY26 revenue increased 7.79% year-on-year to ₹1,105.95 crore, while expenses decreased 3.03% to ₹977.73 crore. Ebitda margin grew to 19% from 8%, with module sales reaching 796 MW, a 35% increase. The initial phase of the BESS project aims for a 5 GWh facility by FY27, expanding to a total of 7.5 GWh.