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 Publication

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.

Pursuant to Regulation 30 and 47 of the SEBI LODR Regulations, 2015, the company published its Q3FY26 financial results in newspapers on January 31, 2026. The advertisement includes a Quick Response code and weblink to access complete financial results. The company operates in a single segment, making segment-wise disclosures under Ind AS 108 not applicable.

Acme Solar Holdings has unveiled ambitious expansion targets as part of its long-term strategic growth plan in the renewable energy sector. The company has set comprehensive goals for both power generation and energy storage capacity to be achieved by 2030.

Capacity Expansion Targets

The renewable energy company has outlined specific capacity milestones for the next several years. Acme Solar Holdings aims to develop substantial infrastructure across both generation and storage segments.

Strategic Growth Initiative

The company's expansion strategy encompasses significant scaling of operations across multiple renewable energy segments. The 10 GW generation capacity target represents a substantial increase in solar power infrastructure development. Simultaneously, the 20 GWh battery storage goal positions the company to address growing energy storage demands in the renewable sector.

Growth Projections

Acme Solar Holdings expects to achieve 35% annual growth to support its capacity expansion objectives. This growth rate reflects the company's confidence in market opportunities and its ability to execute large-scale renewable energy projects. The projected growth trajectory aligns with the company's strategic focus on establishing a stronger market position in India's expanding renewable energy landscape.

These capacity targets demonstrate the company's commitment to contributing significantly to India's renewable energy goals while building comprehensive infrastructure across generation and storage capabilities.