ACMESOLAR2024-07-012024-09-30 ACMESOLAR2024-07-012024-09-30 ACMESOLAR2024-07-012024-09-30in-bse-fin:OneOperatingExpenses01Member ACMESOLAR2024-07-012024-09-30in-bse-fin:FourOperatingExpenses01Member ACMESOLAR2024-09-30 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 544283 ACMESOLAR NOTLISTED Acme Solar Holdings Limited Equity 2024-04-01 2025-03-31 2024-11-25 2024-11-18 INR Millions Half yearly 14:47:00 15:35:00 2024-11-25 2024-11-25 true Cash Flow Indirect Not applicable Single segment Sale of Electricity through Renewable Projects 2024-07-01 2024-09-30 Unaudited Consolidated 2595920000.00 355540000.00 2951460000.00 0.00 0.00 0.00 160170000.00 1783000000.00 598690000.00 228130000.00 2769990000.00 181470000.00 0.00 181470000.00 167910000.00 -139430000.00 28480000.00 0.00 152990000.00 0.00 0.00 0.00 0.00 152990000.00 1300000.00 154290000.00 152990000.00 0.00 154290000.00 0.00 1044420000.00 2 0.29 0.29 0.00 0.00 0.29 0.29 ACME Solar Holdings Limited (formerly known as ACME Solar Holdings Private Limited) Notes to the Unaudited Consolidated Financial Results for the quarter and six months period ended 30 September 2024 1 The above Unaudited Consolidated Financial Results of ACME Solar Holdings Limited (Formerly known as ACME Solar Holdings Private Limited) (‘the Holding Company’) and its subsidiaries (the Holding Company and its subsidiaries together referred to as ‘the Group') for the quarter and six months period ended 30 September 2024 have been reviewed by the Audit Committee and approved by the Board of Directors of Holding Company at their respective meetings held on 25 November 2024. The joint statutory auditors have carried out limited review of these results. 2 The above Unaudited Consolidated Financial Results for the quarter and six months period ended 30 September 2024 have been prepared in accordance with the recognition and measurement principles of Indian Accounting Standards 34, Interim Financial Reporting (‘Ind AS - 34 ), prescribed under Section 133 of the Companies Act, 2013 (the Act) and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirement of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended). 3 During the year ended 31 March 2024, the Group divested assets of 369 MW in the month of January 2024, because of which the results of the quarter and six months period ended 30 September 2024 are not comparable with quarter and six months period ended 30 September 2023. The sale of electricity from divested assets for quarter and six months period ended 30 September 2023 were Rs. 749.69 million and Rs. 1,685.38 million respectively. 4 The exceptional items includes net gain on sale of investments made by Holding Company during the quarter and six months period ended 30 September 2023 of Rs. 394.91 million and Rs. 469.38 million respectively and year ended 31 March 2024 of Rs. 7,486.91 million. 5 The Holding Company has completed an Initial Public Offer ( IPO ) of 100,353,919 Equity shares having face value of INR 2 each at Rs. 289 per equity share (including share premium of Rs. 287 per share), comprising (i) offer for sale of 17,474,048 shares by selling shareholders and (ii) fresh issue of 82,879,871 shares. The equity shares of the Holding Company were listed on BSE Limited (‘BSE’) and National Stock Exchange of India Limited ('NSE') on 13 November 2024. Accordingly, the above statement for the quarter and six months period ended 30 September 2024 have been drawn up for the first time, in accordance with Regulations 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended). Further, the Holding Company will provide an update on utilisation of IPO proceeds towards the objects of the fresh issue effective next reporting period based on actual utilisation of funds. 6 The figures for the quarter and six months period ended 30 September 2023 have been certified by management and neither subject to audit nor review. However, the management have exercised necessary care and diligence to ensure that the consolidated financial results for such period are fairly stated. 7 The Consolidated financial results for the quarter ended 30 June 2024 have been extracted from the audited Special Purpose Consolidated Interim Financial Statements for the period ended 30 June 2024, which were prepared for IPO filings and included in Prospectus. 8 The Group operates in only one segment. Therefore, disclosure relating to segment is not applicable and accordingly not made. Single segment 2024-04-01 2024-09-30 Unaudited Consolidated 5692320000.00 659280000.00 6351600000.00 0.00 0.00 0.00 310220000.00 3745830000.00 1154310000.00 457260000.00 5667620000.00 683980000.00 0.00 683980000.00 636550000.00 -119450000.00 517100000.00 0.00 166880000.00 0.00 0.00 0.00 0.00 166880000.00 -70000.00 166810000.00 166880000.00 0.00 161810000.00 0.00 1044420000.00 2 0.32 0.32 0.00 0.00 0.32 0.32 Other Expenses 228130000.00 Other Expenses 457260000.00 -30000.00 62394700000.00 57296490000.00 14020000.00 0.00 4219630000.00 2750000000.00 1874350000.00 959580000.00 5583930000.00 2175230000.00 808700000.00 132492700000.00 0.00 5110000.00 3203340000.00 5333090000.00 10646270000.00 1722350000.00 0.00 20910160000.00 0.00 1650340000.00 22560500000.00 119230000.00 0.00 155172430000.00 1044420000.00 18531100000.00 19575520000.00 19575490000.00 97166160000.00 4938290000.00 102104450000.00 75970000.00 2208910000.00 17603050000.00 121992380000.00 6371400000.00 2534540000.00 3459530000.00 12365470000.00 879030000.00 8890000.00 351170000.00 0.00 13604560000.00 0.00 0.00 135596940000.00 155172430000.00 ACME Solar Holdings Limited (formerly known as ACME Solar Holdings Private Limited) Notes to the Unaudited Consolidated Financial Results for the quarter and six months period ended 30 September 2024 1 The above Unaudited Consolidated Financial Results of ACME Solar Holdings Limited (Formerly known as ACME Solar Holdings Private Limited) (‘the Holding Company’) and its subsidiaries (the Holding Company and its subsidiaries together referred to as ‘the Group') for the quarter and six months period ended 30 September 2024 have been reviewed by the Audit Committee and approved by the Board of Directors of Holding Company at their respective meetings held on 25 November 2024. The joint statutory auditors have carried out limited review of these results. 2 The above Unaudited Consolidated Financial Results for the quarter and six months period ended 30 September 2024 have been prepared in accordance with the recognition and measurement principles of Indian Accounting Standards 34, Interim Financial Reporting (‘Ind AS - 34 ), prescribed under Section 133 of the Companies Act, 2013 (the Act) and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirement of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended). 3 During the year ended 31 March 2024, the Group divested assets of 369 MW in the month of January 2024, because of which the results of the quarter and six months period ended 30 September 2024 are not comparable with quarter and six months period ended 30 September 2023. The sale of electricity from divested assets for quarter and six months period ended 30 September 2023 were Rs. 749.69 million and Rs. 1,685.38 million respectively. 4 The exceptional items includes net gain on sale of investments made by Holding Company during the quarter and six months period ended 30 September 2023 of Rs. 394.91 million and Rs. 469.38 million respectively and year ended 31 March 2024 of Rs. 7,486.91 million. 5 The Holding Company has completed an Initial Public Offer ( IPO ) of 100,353,919 Equity shares having face value of INR 2 each at Rs. 289 per equity share (including share premium of Rs. 287 per share), comprising (i) offer for sale of 17,474,048 shares by selling shareholders and (ii) fresh issue of 82,879,871 shares. The equity shares of the Holding Company were listed on BSE Limited (‘BSE’) and National Stock Exchange of India Limited ('NSE') on 13 November 2024. Accordingly, the above statement for the quarter and six months period ended 30 September 2024 have been drawn up for the first time, in accordance with Regulations 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended). Further, the Holding Company will provide an update on utilisation of IPO proceeds towards the objects of the fresh issue effective next reporting period based on actual utilisation of funds. 6 The figures for the quarter and six months period ended 30 September 2023 have been certified by management and neither subject to audit nor review. However, the management have exercised necessary care and diligence to ensure that the consolidated financial results for such period are fairly stated. 7 The Consolidated financial results for the quarter ended 30 June 2024 have been extracted from the audited Special Purpose Consolidated Interim Financial Statements for the period ended 30 June 2024, which were prepared for IPO filings and included in Prospectus. 8 The Group operates in only one segment. Therefore, disclosure relating to segment is not applicable and accordingly not made. 3745830000.00 0.00 1005510000.00 0.00 0.00 9384940000.00 -121950000.00 0.00 0.00 0.00 0.00 0.00 0.00 1154310000.00 0.00 14610000.00 0.00 1796960000.00 4001400000.00 0.00 0.00 546530000.00 0.00 13480000.00 0.00 0.00 0.00 -88900000.00 0.00 20359660000.00 21043640000.00 0.00 0.00 0.00 649050000.00 0.00 20394590000.00 0.00 0.00 0.00 50000.00 0.00 0.00 0.00 0.00 26370000.00 25537160000.00 0.00 0.00 0.00 0.00 0.00 0.00 -1256440000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 582780000.00 0.00 -1644470000.00 0.00 -27828970000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 22810090000.00 1543400000.00 0.00 140180000.00 0.00 4950630000.00 0.00 -6500000000.00 9675880000.00 2241500000.00 0.00 2241500000.00 3091590000.00 5333090000.00 1300000.00 -70000.00 0.00 0.00 0.00 0.00