ACME Solar Q2 profit more than doubles; shares rise 5%
The renewable energy firm also signed a 25-year deal to sell 400 MW of round-the-clock clean power to NTPC at ₹4.37 a unit.
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ACME Solar's Q2 FY27 profit rose 133.5% to ₹269 crore, and revenue 67.5% to ₹1,007 crore.
Its shares rose as much as 5% to ₹432 on the NSE on Thursday.
A subsidiary signed a power purchase agreement with NTPC for a 400 MW firm and dispatchable renewable energy project, with supply from June 30, 2028.