Acme Solar FY25 profit rises 131% to ₹251 crore

India’s Acme Solar has added 1,200 MW of capacity, including a Jaisalmer project, and reported higher power output, revenue, and profit with expanded project contracts.

By Nandini Yelabaka 20 May 2025 in Market Bytes

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Rajasthan projects with 1,950 MW capacity have recorded 29.4% CUF while grid availability remained at 99.8% throughout the year. Image Credit/Source: Tom Fisk/ Pexels

India-based solar company, Acme Solar has reported a 130.7% year-on-year increase in profit after tax to ₹251 crore (~ $30.1 million) for the year ending March 2025. It commissioned 1,200 MW of solar capacity, including a large-scale project in Jaisalmer, and added 165 MW in May 2025 under the Sikar project. Annual revenue rose 7.4% to ₹1,575 crore (~ $189 million). The company secured 1,900 MW in new projects and signed power purchase agreements for 1,890 MW, bringing the total contracted portfolio to 6,970 MW. Power generation rose 55.2% to 4,013 million units, and the capacity utilisation factor increased to 25.6%. Debt refinancing of ₹7,700 crore (~ $924 million) reduced average interest costs, and ₹16,500 crore (~ $1.98 billion) was arranged for under-construction capacity. In Q4, revenue reached ₹539 crore ($64.7 million), EBITDA was ₹488 crore (~ $58.6 million), and PAT turned positive at ₹122 crore (~ $14.6 million).

#RajasthanEnergy #PPA #JaisalmerProject #AcmeSolar

Advertisment {'id': '682c7c78191ec1fe5d627573', 'source_name': 'Economic Times', 'source_link': 'https://energy.economictimes.indiatimes.com/news/renewable/acme-solar-fy25-pat-up-130-7-to-251-cr-adds-1200-mw-solar-capacity/121281053', 'contact_name': 'Acme Solar', 'contact_email': '[email protected]'}

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