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Vikram Solar shares drop 5 as Q4 margins fall sharply despite 21% profit growth
Business
Published on 8 May 2026
Profit rose 21% but margins slid 300 bps
Vikram Solar shares slid 5% after Q4 margins contracted sharply, even as profit grew 21% year-on-year. Revenue rose 22% and EBITDA improved modestly, but a 300-basis-point margin decline dented investor sentiment. The company still points to strong FY26 growth, though near-term cost and pricing pressures tied to China’s policy changes are a concern.
- Vikram Solar shares fell 5% despite 21% YoY profit growth
- Revenue grew 22%, but Q4 margins dropped by 300 bps
- EBITDA improved modestly, failing to offset margin pressure
- China policy changes may raise near-term cost and pricing risks
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times