ACMESOLAR · Power
Half or more of pre-tax profit came from other income. What is it, and does it repeat?
Other income was 134% of profit before tax.
Source: Quarterly statements
A tax credit added to profit this quarter. Deferred tax recognised, or a reversal?
Profit before tax ₹29.0 cr; tax −₹16.0 cr, a credit.
Source: Quarterly statements
Could not run on this quarter: Headline vs core profit, Exceptional items that recur, Operating margin on the year, Depreciation falling, Finance cost rising, Swing to loss or profit, Cash behind the profit, Receivables against sales, Inventory against sales, Borrowing while holding cash, Auditor's review or audit report, IPO money used as stated, Related-party transactions, Exits, postponements, restatements, Promoter pledges and allotments, Earlier promises against delivery, When the results were filed. Most need the filing read (balance sheet, cash flow, auditor, disclosures).
| Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹323 cr | ₹332 cr | ₹295 cr | ₹310 cr | ₹260 cr | ₹349 cr | ₹487 cr | ₹511 cr | ₹468 cr | ₹497 cr | ₹548 cr | ₹858 cr |
| YoY | — | — | — | −16% | −20% | +5% | +65% | +65% | +80% | +42% | +13% | +68% |
| EBITDA margin | 89.8% | 83.4% | 68.1% | 87.7% | 85.0% | 88.0% | 89.5% | 89.6% | 85.5% | 89.3% | 87.4% | 85.5% |
| Other income, % of PBT | 95% | 134% | 106% | 60% | 200% | 44% | 23% | 33% | 88% | 77% | 90% | 29% |
| Exceptional items | — | — | — | — | — | — | — | — | — | — | — | — |
| Tax rate | 50% | — | 22% | — | 16% | −8% | 27% | 25% | 26% | 27% | 27% | 29% |
| Net profit | ₹39.0 cr | ₹44.0 cr | ₹532 cr | ₹1.0 cr | ₹15.0 cr | ₹112 cr | ₹122 cr | ₹131 cr | ₹115 cr | ₹114 cr | ₹138 cr | ₹235 cr |
| YoY | — | — | — | −99% | −62% | +155% | −77% | +13,000% | +667% | +2% | +13% | +79% |
| Core profit YoY | — | — | — | −65% | −550% | — | — | +485% | — | −38% | −85% | +101% |
| EPS | ₹3.70 | ₹4.26 | ₹50.97 | ₹0.03 | ₹0.29 | ₹1.85 | ₹2.04 | ₹2.16 | ₹1.90 | ₹1.88 | ₹2.30 | ₹3.33 |
| Flags | 1 | 2 | 2 | 1 | 3 | 2 | ✓ | 1 | 2 | 3 | 3 | 2 |
Each quarter is read with the same rules. Balance-sheet and cash checks run on half-year and annual quarters; filing-read checks run where a read exists.
ACME Solar Holdings Ltd. reported revenue of ₹332 cr (— on the year) and net profit of ₹44.0 cr (— on the year) for October to December 2023.
2 checks raised a question: Half or more of pre-tax profit came from other income. What is it, and does it repeat?
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