Acme Solar Holdings reports more than 77% of consolidated net profit ₹The 1.22 million in the March quarter was mainly due to outstanding growth in the same period last year.
From January to March 24, the company reported excellent earnings ₹It said Rs 69.6 crore of divested solar assets from 369 MW of operating solar assets in Punjab, Uttarakhand and Karnataka.
The company has already scheduled ₹Net profit of 53.23 billion in the fourth quarter due to outstanding earnings.
However, the company increased its total revenue to ₹5.392 million in the fourth quarter ₹The BSE file submitted on Monday said it was 3.18 million in the same period last year.
According to the document, its financial costs increased to ₹2.055 million ₹177.3 million fiscal year 24 years.
Depreciation and amortization expenses have also increased to ₹1.022 million ₹The fourth quarter was 612 million. Fiscal Year 24.
For the entire fiscal year, net profit rose to ₹2.508 million ₹Fiscal Year 69.77 billion Fiscal Year 24.
In another filing, the company said its wholly-owned subsidiary Acme Sikar Solar Private Ltd commissioned Phase II of its 112.5 MW solar project in Bikaner, Rajasthan.
In this way, Acme Sikar Solar Private Ltd has achieved 165 MW of commissioned capacity in 300 MW, while the balance capacity is being commissioned.
Meanwhile, the company said in a statement that it divested 369 MW of operating assets in the 24th fiscal year in the fourth quarter, resulting in one-time special gains of approximately ₹696 million.
Net debt ₹75.07 million as of fiscal year 25.
Acme Solar Holdings is a leading integrated renewable energy player with a diverse portfolio of 6,970 MW, spanning solar, wind, FDRE and hybrid solutions.
The company is one of India’s top ten independent electricity producers with an operating capacity of 2,705 MW and a construction capacity of less than 4,265 MW.
