ACME Solar Holdings net profit up 13.3 pc to Rs 138 cr in Q4

ACME Solar Holdings on Friday posted a 13.3 per cent on-year rise in net profit to Rs 138 crore in the March quarter, supported by higher revenues. It stated that 6,464 million units MUs were generated in FY26 up 61.1 per cent from FY25, driven by a higher capacity utilization factor CUF and new capacity addition.

ACME Solar Holdings on Friday posted a 13.3 per cent on-year rise in net profit to Rs 138 crore in the March quarter, supported by higher revenues. The company had a net profit of Rs 122 crore in the quarter ended on March 31, 2025, a company statement said. Total revenue of the company rose to Rs 705 crore in the reported quarter from Rs 539 crore in the period year ago. In the fiscal 2025-26, the net profit increased to Rs 498 crore from Rs 251 crore in the previous year. Total revenues in the fiscal year also increased to Rs 2,507 crore from Rs 1,575 crore in the year ago. In Q4, the company won new projects worth 301 MW FDRE (firm and dispatchable renewable energy) with SECI, taking total under construction capacity to 5,081 MW. It has a total portfolio of 8,071 MW, including 17 GWh of BESS (battery energy storage solutions) installation, with 6,270 MW PPA (power purchase agreement) signed, it stated. It stated that 6,464 million units (MUs) were generated in FY26 up 61.1 per cent from FY25, driven by a higher capacity utilization factor (CUF) and new capacity addition. As much as 1,720 million units (MUs) generated in Q4 FY26 up 13.7 per cent from Q4 FY25. The CUF stood at 26.9 per cent in Q4 FY25 and 25.9 per cent in FY26.