Vikram Solar experienced an astonishing 85 percent drop in profits for the June quarter, primarily attributable to increased expenses. On a positive note, the company's revenue from operations showed a healthy uptick during this period. In a strategic move, Vikram Solar has also greenlit the expansion of its wafer and ingot manufacturing facility, expected to be operational by fiscal year 2029.
Vikram Solar experienced an astonishing 85 percent drop in profits for the June quarter, primarily attributable to increased expenses. On a positive note, the company's revenue from operations showed a healthy uptick during this period. In a strategic move, Vikram Solar has also greenlit the expansion of its wafer and ingot manufacturing facility, expected to be operational by fiscal year 2029.
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