ACMESOLARNSEAcme Solar Holdings LimitedHighNeutral
Announced Mon, 3 Nov · 21:26 IST

Acme Solar Holdings Limited has informed the Exchange regarding Board meeting held on November 03, 2025.

Revenue Growth 20pctPat Growth 25pctEbitda Margin ExpansionRevenue DeclineExceptional ItemAuditor Mid Year ChangeResults View source PDF

ACMESOLAR · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

ACME Solar Holdings reported strong consolidated results for Q2 FY26, with revenue from operations rising about 80% year-on-year to ₹4,677.48 million (from ₹2,595.92 million in Q2 FY25). Consolidated profit after tax jumped to ₹1,150.65 million from ₹152.99 million in the year-ago quarter, while for the half year, PAT surged to ₹2,458.89 million versus just ₹166.88 million in H1 FY25, helped by higher other income and one-time exceptional items. Total income for Q2 stood at ₹6,013.66 million, but finance costs remained heavy at ₹2,645.21 million. The joint statutory auditors (Walker Chandiok & Co LLP and A Prasad & Associates) issued an unmodified review report with no qualifications. On the standalone side, revenue from operations actually fell about 24% YoY to ₹3,324.31 million, with standalone PAT at ₹312.22 million versus ₹456.91 million a year ago.

Likely market impact

The very strong consolidated earnings, led by subsidiaries and other income, should be viewed positively by shareholders, though high finance costs and a significant decline in standalone revenue and operating cash flow (₹2,944.68 million vs ₹20,432.78 million in H1 FY25) are points to watch. The change in joint auditors from S. Tekriwal & Associates to A Prasad & Associates is a routine governance item but worth noting.