ACMESOLAR2024-10-012024-12-31 ACMESOLAR2024-10-012024-12-31 ACMESOLAR2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member ACMESOLAR2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member ACMESOLAR2024-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 544283 ACMESOLAR NOTLISTED Acme Solar Holdings Limited Equity 2024-04-01 2025-03-31 2025-01-29 2025-01-21 INR Millions Third quarter 09:55:00 10:16:00 2025-01-29 2025-01-29 Not applicable Single segment Sale of Electricity through Renewable Projects 2024-10-01 2024-12-31 Unaudited Consolidated 3490120000.00 518140000.00 4008260000.00 0.00 0.00 0.00 166510000.00 1790780000.00 696620000.00 251620000.00 2905530000.00 1102730000.00 -69020000.00 1033710000.00 139640000.00 -226510000.00 -86870000.00 0.00 1120580000.00 0.00 0.00 0.00 0.00 1120580000.00 2250000.00 1122830000.00 1120580000.00 2250000.00 0.00 1210180000.00 2 2.09 2.09 0.00 0.00 2.09 2.09 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 nine months period ended 31 December 2024 have been reviewed by the Audit Committee and approved by the Board of Directors of Holding Company at their respective meetings held on 29 January 2025. The joint statutory auditors have carried out limited review of these results. 2.The above Unaudited Consolidated Financial Results for the quarter and nine months period ended 31 December 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 nine months period ended 31 December 2024 are not comparable with quarter and nine months period ended 31 December 2023. The sale of electricity from divested assets for quarter and nine months period ended 31 December 2023 were Rs. 777.30 million and Rs. 2,462.68 million respectively. 4.The exceptional items includes a) unwinding of anciliary borrowing cost of Rs. 78.56 million for prepayment of borrowings by subsidiaries during the quarter and nine months period ended 31 December 2024; and b) contingent consideration received related to investments disposed in earlier year amounting to Rs. 9.54 million during the quarter and nine month period ended 31 December 2024 (Net gain on sale of investments made of Rs. 55.20 million and Rs. 524.58 million during the quarter and nine months period ended 31 December 2023 respectively and Rs. 7,486.91 million for the year ended 31 March 2024). 5.The Holding Company has completed an Initial Public Offer ( IPO ) of 100,353,919 Equity shares having face value of Rs. 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 equity shares by selling shareholders and (ii) fresh issue of 82,879,871 equity 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. 6.The figures for the quarter and nine months period ended 31 December 2023 have been certified by management and neither subject to audit nor review. However, the management has exercised necessary care and diligence to ensure that the consolidated financial results for such period are fairly stated. 7.The Group operates in only one segment. Therefore, disclosure relating to segment is not applicable and accordingly not made. Single segment 2024-04-01 2024-12-31 Unaudited Consolidated 9182440000.00 1177420000.00 10359860000.00 0.00 0.00 0.00 476730000.00 5536610000.00 1850930000.00 708880000.00 8573150000.00 1786710000.00 -69020000.00 1717690000.00 776190000.00 -345960000.00 430230000.00 0.00 1287460000.00 0.00 0.00 0.00 0.00 1287460000.00 2180000.00 1289640000.00 1287460000.00 2180000.00 0.00 1210180000.00 2 2.40 2.40 0.00 0.00 2.40 2.40 Other Expenses 251620000.00 Other Expenses 708880000.00 2250000.00 2180000.00 0.00 0.00 0.00 0.00