HUGE SURGE! Vikran Engineering ROCKETS 9% on Massive ₹1642 Crore Solar Deal & EXPLOSIVE Q2 Profits!

Vikran Engineering Limited shares buzzed with activity on Tuesday, November 11, 2025, climbing as much as 9.25% to an intraday peak of ₹108.60. This strong performance was primarily fueled by two major catalysts: robust financial results for the September 2025 quarter (Q2 FY26) and the securing of a substantial Engineering, Procurement, and Commissioning (EPC) contract worth ₹1,641.91 crore.

Financially, the company reported a healthy Q2 FY26, with revenue increasing by 10.7% year-on-year to ₹176.3 crore. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) saw a near doubling, rising 98.9% to ₹25.4 crore, alongside a significant improvement in profit margins to 14.4% from 8% a year ago. Net profit surged spectacularly, growing over fourfold to ₹9.1 crore from ₹2.1 crore in Q2 FY25, largely attributed to strong execution within its Power Transmission and Distribution (T&D) business.

The newly acquired ₹1,641.91 crore EPC contract from Carbonminus Maharashtra One Private Limited involves designing, engineering, and commissioning 505 MW of grid-connected solar power plants across multiple districts in Maharashtra. This project, to be completed in 11 months, marks a significant expansion in Vikran Engineering's renewable energy capabilities.

**Impact** This news is highly positive for Vikran Engineering, showcasing strong operational execution, significant revenue growth, and a major strategic win in the renewable energy sector. Investors are likely to view these developments favorably, potentially driving further stock appreciation and enhancing the company's market position. The substantial order book provides excellent revenue visibility for the coming years.

**Impact Rating**: 8/10

**Difficult Terms**: * **EBITDA**: Earnings Before Interest, Taxes, Depreciation, and Amortization. A measure of operational profitability. * **EPC**: Engineering, Procurement, and Commissioning. A contract where a company manages a project from design to completion. * **YoY**: Year-on-Year. Compares performance over the same period in consecutive years. * **T&D**: Transmission and Distribution. Refers to the electrical grid infrastructure that delivers power from generation plants to consumers. * **MSEDCL LIS scheme**: Maharashtra State Electricity Distribution Company Limited Load Improvement Scheme. A state initiative to enhance power distribution infrastructure.