Ujaas Energy Limited — Important, 18-06-2025: Updates

Ujaas Energy has announced a board meeting on May 28, 2025, approving the financial results for the quarter and half-year. The company reported consolidated revenue of Rs. 545.68 Lakhs for the quarter, down from Rs. 816.84 Lakhs last quarter, with a net profit of Rs. 30.41 Lakhs. Solar power operations and solar system manufacturing remain core segments, while EV segment losses continue. The company disposed of a non-operational leased shed to streamline assets. Audit qualifications include unconfirmed trade receivables of Rs. 28.75 Cr and accrued interest discrepancies on fixed deposits with Axis Bank. Financial creditors have been settled under an NCLT-approved resolution plan.