ACME Solar Holdings Limited announced its unaudited financial results for the third quarter and nine months period ended December 31, 2025, showcasing strong operational performance across both standalone and consolidated operations. The Board of Directors approved these results at their meeting held on January 29, 2026, along with the declaration of an interim dividend for shareholders.

Consolidated Financial Performance

The company's consolidated operations demonstrated robust growth during Q3FY26. Total revenue from operations reached Rs. 4,967.93 million, with electricity sales contributing Rs. 4,966.22 million and other operating revenue adding Rs. 1.71 million. Including other income of Rs. 1,200.19 million, total income for the quarter stood at Rs. 6,168.12 million.

The company's profitability remained strong with net profit of Rs. 1,137.09 million for Q3FY26, compared to Rs. 1,120.58 million in the corresponding quarter of the previous year. For the nine-month period, net profit surged to Rs. 3,595.98 million from Rs. 1,287.46 million in the previous year.

Standalone Operations Show Impressive Growth

On a standalone basis, ACME Solar Holdings reported exceptional performance with total revenue from operations of Rs. 9,176.63 million for Q3FY26. The revenue breakdown included Rs. 8,951.55 million from EPC contracts, Rs. 223.37 million from O&M services, and Rs. 1.71 million from other operating revenue.

Standalone net profit for the quarter reached Rs. 316.81 million, a significant improvement from Rs. 14.99 million in Q3FY25. The nine-month standalone net profit stood at Rs. 637.16 million compared to Rs. 1,993.84 million in the previous year.

Dividend Declaration and Corporate Actions

The Board of Directors declared an interim dividend of Rs. 0.20 per equity share for FY2025-26, representing 10% of the face value of Rs. 2.00 per equity share. The record date for determining shareholder eligibility has been fixed as Friday, February 6, 2026. The dividend will be paid within stipulated timelines as prescribed under applicable laws, subject to applicable tax deductions.

ESOP Implementation and Share Capital

During Q3FY26, the company allotted 884,023 equity shares of Rs. 2.00 each to the Employee Welfare Trust under the ESOP Scheme 2025. Of these, 208,946 shares were transferred to eligible employees upon exercise of vested options, while 675,077 shares remain held by the Trust as of December 31, 2025. The paid-up equity share capital stood at Rs. 1,210.59 million.

Regulatory Compliance and Auditor Review

The financial results were prepared in accordance with Indian Accounting Standard 34 and reviewed by joint statutory auditors Walker Chandiok & Co. LLP and A Prasad & Associates. The results comply with Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company operates in a single segment, making segment-wise disclosures under Ind AS 108 not applicable.

ACME Solar Holdings Limited has announced a significant enhancement in its credit rating facility, marking a positive development for the renewable energy company. The company informed stock exchanges about the reaffirmation of its credit rating with an increased facility amount under regulatory compliance requirements.

Credit Rating Enhancement Details

Crisil Ratings Limited has reaffirmed the company's credit rating while substantially increasing the rated facility amount. The enhancement reflects the company's improved financial standing and growth prospects in the renewable energy sector.

The enhancement represents a 50% increase in the total bank loan facilities rated amount, demonstrating the rating agency's confidence in the company's financial capabilities and business model.

Regulatory Compliance and Communication

The company communicated this development to both major stock exchanges on January 29, 2026, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made to:

• BSE Limited (Scrip Code: 544283)
• National Stock Exchange of India Limited (Symbol: ACMESOLAR)

This announcement follows the company's earlier intimation dated October 7, 2025, regarding the initial rating assignment by Crisil Ratings Limited.

Rating Rationale and Documentation

The detailed rating rationale issued by Crisil Ratings Limited provides comprehensive analysis supporting the reaffirmation and enhancement decision. The rating agency's assessment considers various factors including the company's business fundamentals, financial performance, and market position in the renewable energy sector.

The Crisil AA-/Stable rating indicates high safety regarding timely servicing of financial obligations, with very low credit risk. The stable outlook suggests that the rating is unlikely to change in the near term, providing confidence to stakeholders about the company's financial stability.

Corporate Governance and Transparency

The announcement was signed by Rajesh Sodhi, Company Secretary and Compliance Officer, demonstrating the company's commitment to maintaining transparent communication with investors and regulatory authorities. The timely disclosure under SEBI regulations reflects strong corporate governance practices and adherence to regulatory requirements.