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ACME Solar Holdings Releases Q2 and H1 FY2026-27 Financial Results and Appoints Grant Thornton as Internal Auditor

Company reports Rs 55,794.14 lakh revenue from operations for first half of FY2026-27 and appoints Grant Thornton Bharat LLP for internal audit till March 2028

ACME Solar Holdings Limited announced its un-audited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, with revenue from operations for H1 at Rs 55,794.14 lakh. The company also appointed Grant Thornton Bharat LLP as internal auditor for 18 months starting October 1, 2026.

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ACME Solar Holdings LimitedBSE:544283NSE:ACMESOLARFinancial Results

ACME Solar Holdings Limited

Financial Results

ACME Solar Holdings Limited announced its un-audited standalone and consolidated financial results for the quarter and half year ending September 30, 2026, recording total revenues of Rs 57,840.06 lakh for the half year and approved the appointment of Grant Thornton Bharat LLP as its internal auditor for 18 months commencing October 1, 2026.

The board meeting held on October 28, 2026, approved the financial results which showed revenue from operations at Rs 55,794.14 lakh for the six months ended September 30, 2026.

During the quarter, revenue from EPC contracts was Rs 32,883.24 lakh, while O&M services contributed Rs 247.84 lakh, with total revenue for Q2 at Rs 33,131.08 lakh.

Other income for the half year stood at Rs 2,045.92 lakh, contributing to total income of Rs 57,840.06 lakh for the period, highlighting the company’s earnings from all operations.

The company appointed Grant Thornton Bharat LLP as its internal auditor, effective from October 1, 2026, through March 31, 2028, covering two financial years 2026–27 and 2027–28.

The financial results were reviewed and recommended by the Audit Committee and accompanied by a Limited Review Report from the Joint Statutory Auditors, confirming compliance with applicable accounting standards and regulations.

Highlights

  • Revenue from operations for the half year ended September 30, 2026: Rs 55,794.14 lakh
  • Revenue from EPC contracts for Q2 ended September 30, 2026: Rs 32,883.24 lakh
  • Total income for the half year including other income: Rs 57,840.06 lakh
  • Appointment of Grant Thornton Bharat LLP as internal auditor for 18 months from October 1, 2026
  • Financial results accompanied by Limited Review Report as per SEBI Listing Regulations

Key Data Snapshot

Revenue from Operations for half year ended 30 September 2026Rs 55,794.14 lakh
Revenue from EPC contracts for quarter ended 30 September 2026Rs 32,883.24 lakh
Revenue from O&M Services for quarter ended 30 September 2026Rs 247.84 lakh
Other Income for half year ended 30 September 2026Rs 2,045.92 lakh
Total Income for half year ended 30 September 2026Rs 57,840.06 lakh
Internal Auditor AppointmentGrant Thornton Bharat LLP for 18 months from 01 October 2026 to 31 March 2028

What happened

  • ACME Solar Holdings approved un-audited standalone and consolidated financial results for quarter and half year ended September 30, 2026.
  • The Board appointed Grant Thornton Bharat LLP as Internal Auditor for 18 months starting October 1, 2026.
  • The financial results were reviewed by the Audit Committee and accompanied by a Limited Review Report from Joint Statutory Auditors.

Key details

  • Revenue from EPC contracts totaled Rs 32,883.24 lakh in Q2 and Rs 55,296.70 lakh for the half year ending September 30, 2026.
  • Revenue from Operation and Maintenance (O&M) Services was Rs 247.84 lakh for the quarter and Rs 497.22 lakh for the half year.
  • Total income including other income reached Rs 57,840.06 lakh for the half year period.
  • The internal audit appointment by the Board complies with Section 138 of the Companies Act, 2013 and related rules.

Regulatory and governance context

  • Financial results were approved in compliance with SEBI Listing Regulations 2015 and Indian Accounting Standard 34 (Ind AS 34).
  • Limited Review Report certifying results was issued as per SEBI Regulation 33 requirements.
  • Internal auditor appointment aligns with Companies Act 2013 provisions and SEBI requirements.

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ACME Solar Holdings Releases Q2 and H1 FY2026-27 | Stockk News