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Vikran Engineering Limited

5 articles
Vikran Engineering is undergoing a significant transformation, evolving into an integrated renewable energy platform highlighted by the strategic acquisition of a 969 MW solar portfolio. The company reported a strong FY26 with a 17.9% year-over-year increase in net profit to ₹91.70 crore and a recommended 18% dividend, alongside a ₹400 crore fundraising plan. Investors should note the auditor's emphasis on ₹292.9 crore in trade receivables under litigation, although management maintains they are fully recoverable, while a substantial increase in the order book to ₹5,206 crore suggests continued growth potential.