ACME Solar Holdings Ltd's Q3FY25 Quarter Results
- 30 Jan 2025
Result Summary
- ACME Solar Holdings Ltd reported a 35.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a - of -.
- Its expenses for the quarter were up by 4.9% QoQ and - - YoY.
- The net profit increased 632.4% QoQ and - - YoY.
- The earnings per share (EPS) of ACME Solar Holdings Ltd stood at 2.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 400.83 | 295.15 | 0.00 | 35.8% | - |
Total Expenses | 290.55 | 277.00 | 0.00 | 4.9% | - |
Profit Before Tax | 103.37 | 18.15 | - | 469.5% | NaN% |
Tax | -8.69 | 2.85 | 0.00 | -404.9% | - |
Profit After Tax | 112.06 | 15.30 | 0.00 | 632.4% | - |
Earnings Per Share | 2.10 | 0.30 | 0.00 | 600.0% | - |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
ACME Solar Holdings Ltd is a company operating within the renewable energy sector, specifically focusing on solar energy solutions. The company is primarily engaged in the development, construction, and operation of solar power plants. This includes a range of services from project development and financing to engineering, procurement, and construction (EPC) services, as well as operation and maintenance. As the global demand for clean and sustainable energy sources continues to rise, ACME Solar Holdings has positioned itself as a key player in the solar energy market. However, specific recent developments or changes in the company’s strategic direction are not available in the provided data.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), ACME Solar Holdings Ltd reported a total income of ₹400.83 crores. This represents a significant quarter-over-quarter (QoQ) increase of 35.8% compared to the previous quarter, Q2FY25, where the total income was ₹295.15 crores. The year-over-year (YoY) comparison is not applicable due to the absence of data for Q3FY24. This substantial increase in revenue can be attributed to factors not detailed within the provided data but highlights a strong revenue generation capability in the most recent quarter.
Profitability
The profitability metrics for ACME Solar Holdings Ltd in Q3FY25 indicate a remarkable performance improvement. The profit before tax (PBT) stood at ₹103.37 crores, marking a QoQ surge of 469.5% from Q2FY25's PBT of ₹18.15 crores. Additionally, the profit after tax (PAT) was ₹112.06 crores, a dramatic rise of 632.4% compared to the PAT of ₹15.30 crores in Q2FY25. The earnings per share (EPS) also increased substantially, reaching ₹2.10 in Q3FY25 from ₹0.30 in Q2FY25, reflecting a 600% QoQ growth. The data does not provide a YoY comparison for profitability metrics as the figures for Q3FY24 are not available.
Operating Metrics
The total expenses for ACME Solar Holdings Ltd in Q3FY25 were ₹290.55 crores, representing a modest QoQ increase of 4.9% from ₹277.00 crores in Q2FY25. This indicates a controlled rise in operational costs relative to the significant increase in income. The tax figures show a notable reversal from a tax liability of ₹2.85 crores in Q2FY25 to a tax credit of ₹8.69 crores in Q3FY25, resulting in a -404.9% change. These operating metrics reflect the company's financial activities and operational efficiency over the quarter, although further context or explanation is not provided in the data.
