ACME Solar Holdings Q3 Net Profit Jumps to Rs 114 Crore on Strong Revenue Growth

• ACME Solar Holdings reported a 1.5% rise in consolidated net profit to Rs 114 crore in Q3, supported by higher revenues.
• Total revenues surged by 53.9% to Rs 617 crore compared to Rs 401 crore in the same period last year.
• The company generated 1,567 million units of power, a 49% increase from Q3 FY25, due to higher CUF and new capacity.
• ACME Solar partially commissioned 72 MW of wind projects in Gujarat and secured a 130 MW RTC project.
• A debt tie-up of Rs 4,725 crore was secured from Indian financial institutions, including PFC Ltd, for renewable energy projects.

Why It Matters: ACME Solar Holdings achieved significant Q3 profit and revenue growth, driven by operational expansion and strategic financing.