Vikram Solar Financial Results
- Market cap
- ₹5,399 crore
- P/E
- 15.1
- P/B
- 1.70
- ROE
- 21.3%
- Dividend yield
- 1.20%
For the year ended Mar 2023, Vikram Solar reported revenue of ₹2,073 crore and net profit of ₹14 crore, against ₹2,511 crore and ₹80 crore a year earlier.
Vikram Solar annual profit and loss
Financial years, newest first. TTM = trailing twelve months.
| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|
| Revenue | 2,073 | 2,511 | 3,423 | 4,802 | 5,232 |
| Expenses | 1,854 | 2,098 | 2,912 | 3,845 | 4,391 |
| Operating profit | 219 | 413 | 512 | 957 | 841 |
| Operating margin % | 11% | 16% | 15% | 20% | 16% |
| Other income | -37 | -42 | -19 | -26 | -18 |
| Interest | 99 | 126 | 119 | 122 | 139 |
| Depreciation | 64 | 138 | 156 | 162 | 193 |
| Profit before tax | 19 | 107 | 217 | 647 | 492 |
| Tax % | 23% | 26% | 36% | 27% | 27% |
| Net profit | 14 | 80 | 140 | 470 | 357 |
| EPS (₹) | 0.40 | 2.20 | 3.87 | 12.98 | 9.85 |
| Dividend payout % | — | — | — | — | — |
Source: Company filings (consolidated), in ₹ crore. Data as of 7 October 2026. How this data is compiled.
Vikram Solar financial results — frequently asked questions
What is Vikram Solar's annual revenue and net profit?
For the financial year ended Mar 2023, Vikram Solar's revenue was ₹2,073 crore and net profit ₹14 crore; net profit fell 82.50% from ₹80 crore in Mar 2024.
How fast has Vikram Solar grown over three years?
From Mar 2026 to Mar 2023, Vikram Solar's revenue grew at a compound annual rate of -24.4% and net profit at -69.0%. Past growth does not indicate future results.
What is the EPS of Vikram Solar?
Annual EPS for Mar 2023 was ₹0.40.
Are these figures consolidated or standalone?
They are consolidated figures as reported by the company, in ₹ crore. Trailing-twelve-month and half-year columns are labelled separately and are not counted as financial years.
Same Data For Peers
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