ACME Solar Holdings reported a 77% drop in consolidated net profit to ₹122 crore for Q4 FY25, down from ₹532.3 crore in the same quarter last year. Despite the profit fall, total income rose to ₹539.2 crore, compared to ₹318 crore in Q4 FY24. The company also faced increased finance costs and higher depreciation expenses. For the full fiscal year, ACME’s net profit stood at ₹250.8 crore, down from ₹697.7 crore in FY24. With an operational capacity of 2,705 MW and 4,265 MW under construction, ACME remains one of India’s top renewable energy producers.
ACME Solar Holdings, one of India’s top renewable energy Independent Power Producers (IPPs), reported a sharp decline of over 77% in its consolidated net profit for the fourth quarter ending March 2025. The company posted a net profit of ₹122 crore, significantly down from ₹532.3 crore during the same period in the previous financial year.
Despite the steep decline in profits, ACME Solar’s total income witnessed substantial growth, rising to ₹539.2 crore in Q4 FY25 from ₹318 crore a year earlier. The rise in revenue, however, was overshadowed by increased expenses, notably in finance costs and depreciation.
Finance costs climbed to ₹205.5 crore in the March 2025 quarter, compared to ₹177.3 crore in the same quarter of FY24. Similarly, depreciation and amortisation expenses rose to ₹102.2 crore, up from ₹61.2 crore.
The financial year 2024-25 also closed on a weaker note for the company, with its annual net profit dropping to ₹250.8 crore from ₹697.7 crore in FY24.
ACME Solar remains a key player in India’s clean energy landscape, with a total diversified portfolio of 6,970 MW spanning solar, wind, FDRE, and hybrid solutions. Of this, 2,705 MW is operational, while 4,265 MW is currently under construction.
As one of the top 10 renewable energy IPPs in the country, the company’s performance continues to reflect both the opportunities and challenges of operating in the fast-evolving green energy sector.