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Standalone revenue grew 25% in Q2, but EBITDA margin fell to 9.1% from 14.4% and consolidated PAT fell about 70%. Management blames unrecovered price escalation and delayed NOPL funding.
H1 FY27 standalone revenue ₹424.1 Cr (+26.5%), PAT ₹25.4 Cr (+71.6%), EBITDA margin 11.4%. Consolidated PAT fell to ₹6.7 Cr on NOPL intra-group elimination; pivot to solar IPP.
Vikran Engineering reported strong standalone Q1 FY27 results with 28% revenue growth. Strategy focuses on scaling the NOPL solar EPC project while maintaining Power T&D core strength.
Vikran Engineering reports robust Q1 FY27 standalone growth, but consolidated results are clouded by the NOPL Solar acquisition. Management's optimism masks significant capital intensity and pending dispute resolutions.
Vikran Engineering delivered strong Q1 FY27 standalone performance with 28% revenue growth and 24% EBITDA growth, driven by power and solar execution. Strategic acquisition of NOPL solar projects targets integrated renewable platform transformation.
Vikran Engineering reports FY26 revenue of ₹1,249 Cr, transitioning from pure EPC to an integrated renewable energy platform via NOPL acquisition.
Vikran Engineering reported record FY26 revenue of ₹1,249 cr, driven by Solar EPC expansion and strong Power T&D execution.
Vikran Engineering transitions into a solar-led EPC and developer role with the NOPL acquisition, achieving record FY26 revenue despite margin pressure and working capital stretches.
Vikran Engineering reports record FY26 revenue of ₹1,249.3 Cr, up 36.4% YoY. Strategy shifts toward an integrated renewable energy platform via NOPL Solar acquisition.
Vikran Engineering reports strong FY26 performance with revenue reaching ₹1,249.3 Cr (up 36.4% YoY) and PAT of ₹91.7 Cr. The company is pivoting from pure EPC to an integrated renewable platform.