On a year-on-year (YoY) basis, the company’s standalone net profit and revenue from operations jumped 31.7% and 17% respectively in Q1 FY26.
Profit before tax (PBT) climbed 21.35% YoY to Rs 7.39 crore in Q1 FY26.
During the quarter, total expenses increased 17.13% to Rs 152.44 crore compared with Rs 130.15 crore in Q1 FY25. Cost of material consumed stood at Rs 53.47 crore (up 28.84% YoY), project related expenses was at Rs 50.91 crore (up 165.02% YoY), employee benefit expenses stood at Rs 18.06 crore (up 17.35% YoY) and finance cost was at Rs 15.30 crore (up 109.20% YoY) during the period under review.
The shares of Vikran Engineering entered the bourses on 3rd September 2025. The counter listed at Rs 99.70, exhibiting a premium of 2.78% to the Initial public offer (IPO) price of Rs 97.
Vikran Engineering provides end-to-end services from conceptualization, design, supply, installation, testing, and commissioning on a turnkey basis and has a presence across multiple sectors, including power, water, and railway infrastructure.