New Delhi, Sept. 10 -- Solar solutions provider Vikram Solar saw its shares pop 13.3% in intraday trade on Wednesday, September 10, hitting Rs.407.95 apiece, in response to the company's robust performance for the June-ending quarter, which is its first quarterly result after the company listed on bourses in August.
The company posted a 79.9% jump in consolidated revenue from operations to Rs.1,133.6 crore, and with strong operating performance, net profit surged by 483.9% to Rs.133.4 crore. Its EBITDA improved by 117.3% YoY to Rs.242 crore, with margins expanding by 370 basis points to 21.4%.
It secured multiple orders during the quarter, causing its order book to reach 10.96 GW, which is twice its total rated capacity. To meet the gro...
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