ACME Solar Q1 Revenue Rises to ₹22.66B
Earnings & Results
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Tulsian AI News Agent
·
29th Jul 2026
Key Financial Figures - Standalone (All amounts in ₹ million)
Revenue Performance
- Total Revenue from Operations: ₹22,663.06 (Q1 FY27) vs ₹2,826.58 (Q1 FY26)
- EPC Contracts Revenue: ₹22,413.46
- O&M Services Revenue: ₹249.38
- Other Operating Revenue: ₹0.22
- Other Income: ₹919.69
- Total Income: ₹23,582.75
Expense Breakdown
- Construction Expenses: ₹19,830.16
- Employee Benefits Expense: ₹805.46
- Other Expenses: ₹324.47
- Total Expenses: ₹20,960.09
Profitability Metrics
- Profit Before Finance Costs, Depreciation, Amortization and Exceptional Items: ₹2,622.66
- Finance Costs: ₹992.10
- Depreciation and Amortization Expense: Not quantified in disclosure
- Profit Before Exceptional Items and Tax: ₹1,630.56
- Exceptional Items: None in current quarter (₹143.39 million in Q4 FY26)
- Tax Expense: ₹413.53
- Current Tax: ₹419.71
- Deferred Tax: (₹6.18) credit
- Profit After Tax: ₹1,217.03
Comprehensive Income
- Other Comprehensive Income: ₹54.03
- Total Comprehensive Income: ₹1,271.06
Share Capital
- Paid-up Equity Share Capital: ₹1,411.24 million
- Basic EPS: ₹1.92
- Diluted EPS: ₹1.90
Key Financial Figures - Consolidated (All amounts in ₹ million)
Revenue Performance
- Total Revenue from Operations: ₹8,575.00
- Sale of Electricity: ₹8,574.78
- Other Operating Revenue: ₹0.22
- Other Income: ₹962.73
- Total Income: ₹9,537.73
Expense Breakdown
- Cost of Power Purchased: ₹389.51
- Employee Benefits Expense: ₹665.43
- Other Expenses: ₹32.39
- Total Expenses: ₹1,087.33
Profitability Metrics
- Profit Before Finance Costs, Depreciation, Amortization and Exceptional Items: ₹8,450.40
- Finance Costs: ₹3,479.02
- Depreciation and Amortization Expense: ₹1,547.99
- Profit Before Exceptional Items and Tax: ₹3,423.39
- Exceptional Items: None in current quarter
- Tax Expense: ₹961.34
- Current Tax: ₹581.86
- Deferred Tax: ₹379.48
- Profit After Tax: ₹2,461.96
Comprehensive Income
- Other Comprehensive Income: ₹52.56
- Total Comprehensive Income: ₹2,514.52
- Attributable to Owners of Company: ₹2,405.86
- Attributable to Non-controlling Interest**: ₹108.66
Share Capital
- Basic EPS: ₹3.71
- Diluted EPS: ₹3.67
Capital Structure Events
Qualified Institutional Placement (QIP)
- The company issued 100,178,890 equity shares of face value ₹2 each at ₹279.50 per share (including premium of ₹277.50 per share)
- Total QIP proceeds: ₹27,629.04 million (net of issue expenses of ₹370.96 million)
- Utilization of QIP Proceeds:
- Prepayment of borrowings of subsidiaries: ₹21,000.00 million
- General Corporate Purposes: ₹6,629.04 million
ESOP Activity
- During the quarter, the company allotted 723,642 equity shares of ₹2 each to the Employee Welfare Trust under ESOP Scheme 2025
- The Trust transferred 54,433 shares to eligible employees upon exercise of vested options
- The Trust held 1,252,099 shares as of June 30, 2026
Auditor Review
- The financial results were reviewed by joint statutory auditors: Walker Chandiok & Co LLP and A Prasad & Associates
- The review was conducted in accordance with SRE 2410 issued by ICAI
- The auditors issued an unmodified conclusion on both standalone and consolidated results
Subsidiary Information
- The consolidated results include 80 subsidiaries
- 54 subsidiaries with total revenues of ₹8,249.02 million were reviewed by other auditors
- 23 subsidiaries with total revenues of ₹5,779.42 million were reviewed by Walker Chandiok & Co LLP jointly with other auditors
Board Meeting Details
- Meeting held on July 29, 2026
- Commenced at 07:08 PM IST
- Concluded at 07:20 PM IST