Acme Solar Holdings Reports Q1 FY27 Results, Showing ₹23 Billion Total Income as of June 30, 2026

Acme Solar Holdings Reports Q1 FY27 Results, Showing ₹23 Billion Total Income as of June 30, 2026​

Acme Solar Holdings Limited, formerly ACME Solar Holdings Private Limited, has reported its Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The results were reviewed by the company's Audit Committee and approved by the Board of Directors on July 29, 2026.

The company’s standalone financial performance showed a total income of Rs. 23,582.75 million for the quarter. Revenue from operations stood at Rs. 22,663.06 million, comprising Rs. 22,413.46 million from EPC Contracts and Rs. 249.38 million from O&M Services. Total expenses were recorded at Rs. 20,960.09 million. Profit before taxes and exceptional items was reported at Rs. 1,630.56 million, resulting in a profit for the period of Rs. 1,217.03 million.

The consolidated results reflected significant operational activity across the Group. Total income stood at Rs. 9,537.73 million for the quarter ended June 30, 2026. Revenue from operations totaled Rs. 8,575.00 million, primarily driven by Rs. 8,574.78 million in sales of electricity. Total expenses for the Group were Rs. 1,232.39 million, leading to a profit for the period of Rs. 2,353.30 million.

Financial Highlights (All figures in Rs. million)​

The table below summarizes key financial indicators for both the standalone and consolidated results for the quarter ended June 30, 2026:

Capital Structuring and Financing Activities​

The company utilized its capital infusion from a Qualified Institutional Placement (QIP) to meet corporate objectives. The QIP involved the issuance of 178,890 equity shares with a face value of Rs. 2 each at Rs. 279.50 per share, resulting in proceeds of Rs. 27,629.04 million (net of issue expenses amounting to Rs. 370.96 million).

The utilization of the QIP proceeds focused on key objectives:

• Repayment or pre-payment of outstanding borrowings: A net amount of Rs. 4,110.10 million was utilized out of a planned allocation of Rs. 21,000.00 million.
• General Corporate Purpose: The company utilized Rs. 6,600.00 million out of the allocated Rs. 6,629.04 million.

In addition to the QIP, management executed activities related to employee incentives. During the quarter ended June 30, 2026, the company allotted 723,642 equity shares with a face value of Rs. 2 each to the Employee Welfare Trust under the ESOP Scheme 2025. The Trust subsequently transferred 54,433 shares to eligible employees during the quarter.

Subsidiary Portfolio Details​

The Group operates through multiple subsidiaries and is structured across many operational domains. The list of entities included in the consolidated statement includes the Holding Company (Acme Solar Holdings Limited) along with 79 subsidiaries, covering solar power technology, energy services, and various geographical and functional areas such as ACME Rewa Solar Energy Private Limited, ACME Jodhpur Solar Power Private Limited, and ACME Suryodaya Private Limited.

ACMESOLAR Stock Price Movement​

Today, Acme Solar Holdings Limited shares edged higher to close at ₹366.65 after trading today, gaining 2.95%. The stock saw solid activity in the post-market session, with over 1.88 million shares traded.