ACME Solar Holdings has achieved a significant milestone in its renewable energy portfolio by receiving a commissioning certificate from the Gujarat Energy Development Agency (GEDA) for its 16 MW wind power project.

Project Certification Details

The commissioning certificate from GEDA validates that the wind power project meets all regulatory requirements and technical standards necessary for commercial operation. This certification is a crucial step in the project development lifecycle, confirming the facility's readiness to generate clean energy.

Strategic Significance

The receipt of the GEDA commissioning certificate represents an important operational achievement for ACME Solar Holdings. This certification enables the company to move forward with commercial operations of the wind power facility, adding to India's renewable energy generation capacity.

The 16 MW wind power project demonstrates the company's commitment to expanding its renewable energy footprint and contributing to the country's clean energy transition goals. With the commissioning certificate now in place, the project can begin contributing to the national grid and generating revenue for the company.

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.