ACME Solar Q2 Profit Drops 60%: Revenue Decline - PTI
ACME Solar Holdings reports over 60% fall in Q2 profit to Rs 15.29 crore due to lower revenues. Total income also declined. Read more on PTI.
New Delhi, Nov 25 (PTI) ACME Solar Holdings on Monday reported over 60 per cent fall in consolidated net profit at Rs 15.29 crore for September quarter FY25 mainly due to lower revenues.
It had logged a net profit of Rs 38.63 crore in the year-ago period, as per a BSE filing by the company.
Total income also declined to Rs 295.14 crore from Rs 356.95 crore.
ACME Solar Holdings has a diversified portfolio across solar, wind, hybrid and Firm and Dispatchable Renewable Energy (FDRE) projects.
The company is one of the top 10 renewable energy independent power producers in India with an operational capacity of 2,540 MW and under construction capacity of 4,180 MW.
It had logged a net profit of Rs 38.63 crore in the year-ago period, as per a BSE filing by the company.
Total income also declined to Rs 295.14 crore from Rs 356.95 crore.
ACME Solar Holdings has a diversified portfolio across solar, wind, hybrid and Firm and Dispatchable Renewable Energy (FDRE) projects.
The company is one of the top 10 renewable energy independent power producers in India with an operational capacity of 2,540 MW and under construction capacity of 4,180 MW.
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