{
ACME SOLAR HOLDINGS LTD

Companies

}

acme solar shares fall 7.5 percent as q2 net profit plummets

Shares of ACME Solar Holdings fell 7.5% following a 60% drop in Q2 net profit, which fell to Rs 15.29 crore from Rs 38.63 crore year-on-year. The decline was attributed to lower revenue after the monetization of 369 MW of operational assets, leading to a 17% decrease in revenue from operations to Rs 295.14 crore.
Moneycontrol
Indian Rupee ACME SOLAR HOLDINGS LTD IND
Finance & Economy, Market Report
07:27 26.11.2024

acme solar holdings reports 60 percent drop in q2 profit

ACME Solar Holdings reported a 60% drop in Q2 profit, falling to Rs 15 crore from Rs 38.63 crore a year earlier. Total income also decreased to Rs 295.14 crore, down from Rs 356.95 crore. The company, a leading player in India's renewable energy sector, has an operational capacity of 2,540 MW and 4,180 MW under construction.
Moneycontrol
Indian Rupee ACME SOLAR HOLDINGS LTD IND
Finance & Economy, Market Report
13:43 25.11.2024
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