1. Home
  2. India
  3. Acme Solar Doubles Profit, Expands Portfolio with Major Capacity Additions in FY25 – EQ
Acme Solar Doubles Profit, Expands Portfolio with Major Capacity Additions in FY25 – EQ

Acme Solar Doubles Profit, Expands Portfolio with Major Capacity Additions in FY25 – EQ

0
0

In Short : Acme Solar reported a 130.7% surge in FY25 profit to ₹251 crore, driven by the addition of 1,200 MW solar capacity, including a key project in Jaisalmer. Revenue rose 7.4% to ₹1,575 crore. The company’s total contracted capacity now stands at 6,970 MW, reflecting strong growth in its renewable energy portfolio and operational performance.

In Detail : Acme Solar has reported a remarkable 130.7% increase in its profit after tax (PAT) for the financial year 2024–25, reaching ₹251 crore compared to ₹109 crore in the previous fiscal. This significant growth reflects the company’s strong operational performance and strategic project execution.

A major factor contributing to this impressive financial result was the successful commissioning of 1,200 MW of new solar power capacity. This includes a prominent solar project located in Jaisalmer, Rajasthan, which has been a key milestone for the company’s expansion efforts.

The company’s total revenue for FY25 also saw an upward trend, rising by 7.4% year-on-year to ₹1,575 crore. This increase was driven by higher energy generation from its expanded capacity and improved efficiency in its operations.

With the latest additions, Acme Solar’s total contracted portfolio now stands at 6,970 MW. This portfolio includes both commissioned and under-construction projects, positioning the company among India’s leading renewable energy developers.

The company’s focus remains on building sustainable energy solutions and accelerating the transition to clean power. Its strategic investments and timely project delivery continue to enhance investor confidence and support long-term growth.

As India pushes forward with its renewable energy targets, Acme Solar’s performance underscores its critical role in driving the country’s solar capacity growth. The company aims to scale further by capitalizing on favorable policy support and growing demand for clean energy.

Anand Gupta Editor - EQ Int'l Media Network