Acme Solar Holdings Limited — Updates, 29-01-2025: Press Release

ACME Solar reported impressive results for Q3 FY25, with total revenue increasing by 9.9% year-on-year to INR 401 Cr and a significant 35.8% quarter-on-quarter growth. EBITDA rose 15.7% YoY to INR 359 Cr, achieving an EBITDA margin of 89.6%. Notably, PAT surged 152.1% YoY to INR 112 Cr, reflecting a PAT margin of 28%. The company’s operational portfolio has expanded to 2,540 MW following the commissioning of a 1,200 MW SECI plant, while the under construction capacity stands at 4,430 MW, bolstered by a new order of 1,250 MW in Q3. With a well-structured order book and securing financing for key projects, ACME Solar looks well-positioned for sustained growth. Investors should view this performance positively, indicating strong operational efficiency and a favorable outlook for future revenue growth as more projects operationalize.