Acme Solar Q3 FY26 Revenue at ₹617 Cr (up 54% YoY), EBITDA at ₹564 Cr (up 57% YoY)
Acme Solar reported Q3 FY26 consolidated revenue of ₹617 Cr, up 54% YoY, and EBITDA of ₹564 Cr, up 57% YoY. PAT was ₹114 Cr. For 9M FY26, revenue increased 74% to ₹1,802 Cr and EBITDA rose 77.6% to ₹1,629 Cr. The company commissioned 72 MW and won a 130 MW project. PPAs for 450 MW were signed.
The announcement details strong financial performance with substantial growth in key metrics and significant operational progress, including new project wins and capacity additions, which are material to investors.
The company reported significant year-on-year growth in revenue and EBITDA for both the quarter and the nine-month period. Business highlights also show positive developments in capacity addition, project wins, and PPA signings, along with successful debt financing and credit rating upgrades.
Acme Solar Holdings Limited announced its financial results for the third quarter of FY26, reporting a consolidated total revenue of ₹617 crore, an increase of 53.9% year-on-year. The company's EBITDA also saw a significant rise of 57.2% to ₹564 crore for the quarter. The PAT for Q3 FY26 stood at ₹114 crore.
For the nine-month period of FY26, consolidated revenue grew by 74.0% to ₹1,802 crore, with EBITDA increasing by 77.6% to ₹1,629 crore. PAT for the nine months surged by 179.3% to ₹360 crore.
In terms of business highlights, Acme Solar partially commissioned 72 MW of its 100 MW wind project, contributing to a year-to-date commissioned capacity of 422 MW. The company also won a 130 MW round-the-clock project. PPAs were signed for 450 MW during the quarter, bringing the cumulative YTD PPA signed capacity to 1,050 MW and 550 MWh. Battery Energy Storage System (BESS) commissioning is planned to reach approximately 2 GWh by Q4 FY26, an increase from the earlier expectation of 1 GWh.
The company secured new debt of approximately ₹3,500 crore for under-construction projects and refinanced ₹1,200 crore of existing debt at improved rates. Several operational projects received credit ratings, with some being upgraded. Additionally, the company reported operational highlights including the generation of 1,567 million units in Q3 FY26, an increase of 49.0% from the previous year.
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