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Net profit of Vikran Engineering rose 48.31% to Rs 56.00 crore in the quarter ended March 2026 as against Rs 37.76 crore during the previous quarter ended March 2025. Sales rose 82.19% to Rs 647.40 crore in the quarter ended March 2026 as against Rs 355.35 crore during the previous quarter ended March 2025.For the full year,net profit rose 17.85% to Rs 91.70 crore in the year ended March 2026 as against Rs 77.81 crore during the previous year ended March 2025. Sales rose 36.41% to Rs 1249.31 crore in the year ended March 2026 as against Rs 915.85 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales647.40355.35 82 1249.31915.85 36 OPM %14.2419.09 -14.0217.50 - PBDT78.9656.34 40 125.65113.16 11 PBT77.9355.70 40 122.24110.19 11 NP56.0037.76 48 91.7077.81 18 Powered by Capital Market - Live News

Vikran Engineering will hold a meeting of the Board of Directors of the Company on 22 May 2026.

Vikran Engineering has executed a Share Purchase Agreement (SPA) for acquisition of 51% equity stake in NOPL Solar Projects (Target Entity), subject to customary conditions precedent as agreed between the parties.The acquisition is in line with the Company`s strategy to expand its presence in the renewable energy sector. It will enable business diversification and support long-term growth through participation in solar energy projects.

Vikran Engineering has acquired 49% stake in NOPL Solar Projects on 15 May 2026. The acquisition is in line with the Company`s strategy to expand its presence in the renewable energy sector. It will enable business diversification and support long-term growth through participation in solar energy projects.

Vikran Engineering announced the commissioning of its second 5 MW solar power plant in Ambijalgaon, Ahilyanagar district, Maharashtra, under the PM KUSUM Scheme. The newly operational plant marks another milestone in the company��s expanding renewable energy portfolio and reflects continued progress under the 600 MW solar contract secured in December 2025. The solar plant has been developed to provide reliable daytime electricity for agricultural irrigation, addressing longstanding challenges faced by farmers in the region due to unstable grid supply and dependence on costly diesel-powered irrigation. The Ambijalgaon solar plant is expected to generate significant annual impact, including:10,000 MWh of clean energy generation annually 8,200 tonnes of CO�� emissions avoided per year Reliable daytime power supply for irrigation pumps through the dry season Productive utilization of underutilized land, creating long-term revenue opportunities for local landowners