Vikran Engineering's Q1 FY26 shows profit surge, revenue rise, but PBT sharply declines despite higher.

• Standalone net profit up 31.7%, revenue from operations increased 17% year over year in the first quarter.
• Total expenses rose 17.13% to Rs 152.44 crore, driven by material, project, and finance costs significantly.
• IPO debuted on Sep 3, 2025, shares opened at Rs 99.70, a 2.78% premium over the IPO price in the market.