Heavy Electrical Equipment company Vikran Engineering announced Q3FY26 results Revenue from operations: Rs 266.5 crore against Rs 265.2 crore during Q3FY25, change 0%. EBITDA: Rs 34.9 crore against Rs 65.2 crore during Q3FY25, change -46%. EBITDA Margin: 13.1% for Q3FY26. PAT: Rs 20.9 crore against Rs 33.7 crore during Q3FY25, change -38%. PAT Margin: 7.8% for Q3FY26. Rakesh Markhedkar, Chairman & Managing Director, Vikran Engineering, said: “FY26 marks a pivotal year for Vikran Engineering as we significantly strengthened our presence in the Solar EPC segment. The large-format solar orders secured during the year have materially enhanced our revenue visibility, with our consolidated order book now exceeding Rs 4,700 crore as on 13th February 2026. While margins during the period reflect execution ramp-up and project mix dynamics, we expect operating leverage benefits to play out as solar projects move into advanced execution phases. With a strong pipeline across Power T&D;, Solar and Water, and a clear focus on disciplined bidding and risk management, we are positioning Vikran Engineering for scalable and sustainable growth. We are also actively evaluating opportunities in select international markets, particularly in Africa and the Middle East, to diversify our growth trajectory.” Result PDF