ACME Solar Holdings reports 77% dip in net profit to Rs 122 cr in Q4

ACME Solar Holdings reports 77% dip in net profit to Rs 122 cr in Q4

New Delhi: ACME Solar Holdings has reported a more than 77 per cent dip in consolidated net profit to Rs 122 crore for the March quarter, mainly due to an exceptional gain in the year-ago period. In January-March FY24, the company had reported an exceptional gain of Rs 696 crore from the divestment of 369 MW of operational solar assets in Punjab, Uttarakhand, and Karnataka, it said. The company had clocked Rs 532.3 crore net profit in Q4 FY24 on…

ACME Solar Q4 profit drops 77% to INR 122 crore despite strong revenue growth

Acme Solar has reported a net profit of INR 122 crore for the fourth quarter ended March 31, 2025, down 77% year-on-year from INR 532 crore in Q4 FY 2024. The total income for the quarter, however, rose 69.5% YoY to INR 539.25 crore.Acme Solar has reported a 77% year-on-year drop in net profit to INR 122 crore for the fourth quarter ended March 31, 2025. The developer’s total income for the quarter, however, rose to INR 539.25 crore, up 69.5% ye…