ACME Solar Holdings Limited reported strong financial performance for the year ended March 31, 2026. The company achieved consolidated total revenue of Rs. 25,070.80 million and a net profit of Rs. 4,978.85 million. Alongside these robust financial results, the Board of Directors has announced the appointment of Mr. Arun Chopra as the new Chief Financial Officer, following the resignation of Mr. Rajat Kumar Singh, both effective May 8, 2026.
Annual Financial Performance Highlights
For the financial year ended March 31, 2026, ACME Solar Holdings Limited delivered significant growth. The company reported a consolidated total revenue of Rs. 25,070.80 million, a notable increase compared to the previous year. The consolidated net profit after tax stood at Rs. 4,978.85 million. On a standalone basis, the company recorded total revenue of Rs. 43,572.87 million for the same period, with a standalone net profit of Rs. 3,401.58 million. These results highlight the company’s expanding operational footprint in the renewable energy sector.
Strategic Leadership Transitions
The company announced a transition in its senior finance leadership team. Mr. Arun Chopra has been appointed as the new Chief Financial Officer, effective May 8, 2026. Mr. Chopra brings over 30 years of professional experience, with approximately 15 years dedicated to the energy sector, and has been associated with the company since 2018. He succeeds Mr. Rajat Kumar Singh, who is stepping down from the role for personal reasons.
Operational and Corporate Developments
In addition to financial and leadership updates, the company is advancing its internal management and governance. The Board has noted the elevation of key senior management personnel, with Mr. Purushottam Kejriwal appointed as Director-Project Finance and Mr. Ankit Verma as Director-Corporate Finance & Investor Relations. Furthermore, shareholders will soon be invited to vote on amendments to the Employee Stock Option Plan 2024, reflecting the company’s focus on long-term value creation and employee alignment.
Source: BSE