Acme Solar Q1 PAT surges 80 pc to Rs 235 cr

New Delhi, Jul 29 (PTI) Acme Solar Holdings Ltd on Wednesday posted a 79.9 per cent year-on-year rise in consolidated net profit to Rs 235 crore in the June quarter of the current fiscal, supported by strong revenue growth. ​ It had reported a profit after tax (PAT) of Rs 131 crore in the year-ago period, the company said in a statement. ​ The company’s total revenue increased 63.3 per cent to Rs 954 crore in Q1 FY27 from Rs 584 crore in the April-June period of FY26. ​ The revenue growth was driven by higher irradiation, plant performance, and RE and BESS capacity addition, the company said.

During the quarter, the company commissioned 2.3 GWh capacity, taking the cumulative commissioned BESS capacity to 3.62 GWh. The company signed PPAs for 600 MW

during Q1 FY27. ACME Solar Holdings is a pure-play, fully integrated renewable energy company in India with a diversified portfolio across solar, wind, storage, hybrid, and Firm and Dispatchable Renewable Energy (FDRE) projects. PTI ABI SHM