VIKRAMSOLR Q1 FY27 Guidance vs Delivery (VIKRAMSOLR Management Mirror)

FY27 EBITDA Guidance Withdrawn Amid Policy and Procurement Uncertainty; Initial Target Stood at Rs 1,500-1,600 Crore

In the Mar'26 Qtr concall, management initiated FY27 EBITDA guidance of INR 1,500 to 1,600 crores. In the Jun'26 Qtr concall, management withdrew this guidance, stating they will formally revisit and update the full-year FY27 outlook during the H1'27 earnings release, citing policy developments and customer procurement schedules as drivers of the withdrawal. For the Jun'26 Qtr, EBITDA was reported in Quarterly Financial Results at Rs 1,260 million (Rs 126 crores).