Raideep Industries Ltd — Important, 16-08-2025: Company Update

**Hinduja Housing Finance Limited:**

Hinduja Housing Finance has initiated loan recovery actions against nine defaulting borrowers. The company previously issued demand notices for overdue loans, now classified as Non-Performing Assets. Borrowers are urged to pay outstanding amounts, including interest and costs, within 60 days. Failure to comply will lead to the company taking possession of the mortgaged properties. Total outstanding amounts for these nine cases exceed Rs. 1.06 crore, indicating the company's efforts to improve asset quality and recover dues.

**UGRO Capital Limited:**

UGRO Capital has initiated recovery proceedings against three defaulting borrowers, seeking to recover overdue loan amounts. The company states that demand notices were issued and are believed to be avoided. Borrowers are advised to pay the outstanding amounts, totaling over Rs. 1.02 crore, within 60 days. Failure to comply will result in UGRO Capital taking possession and potentially selling the secured assets to realize the dues, reflecting the company's commitment to asset quality management.

**Himachal Pradesh State Electricity Board Limited:**

Himachal Pradesh State Electricity Board Limited has released its financial results for the quarter. Total Income from Operations increased to 2,21,472.52 from 2,14,397.79 in the prior year's same quarter. Net Profit after Tax rose to 16,851.74 from 14,708.44. The company reported a negative net worth of (2,37,464.14) and a high debt-equity ratio of 6.38, indicating a significant debt burden relative to equity.

**Yamuna Syndicate Limited:**

Yamuna Syndicate has released its consolidated financial results for the quarter. Total income from operations grew to Rs. 115.46 crore, up from Rs. 107.58 crore in the same quarter last year. Net profit after tax also saw a healthy increase to Rs. 27.51 crore, compared to Rs. 25.26 crore previously. The company's equity share capital stands at Rs. 2.78 crore, with reserves totaling Rs. 272.49 crore. This performance shows positive financial growth.

**Raideep Industries Limited:**

Raideep Industries has released its consolidated financial results for the quarter. Total revenue from operations saw a significant jump to Rs. 43.76 crore, up from Rs. 24.77 crore in the same period last year. Net profit after tax also increased to Rs. 2.09 crore, compared to Rs. 1.33 crore previously. The company's equity share capital is Rs. 13.28 crore, with reserves standing at Rs. 75.42 crore. This highlights strong operational performance and profitability.

**Rana Sugars Limited:**

Rana Sugars has released its financial results for the quarter. Total income from operations surged to Rs. 315.41 crore, significantly up from Rs. 204.32 crore in the prior year's same quarter. The company turned profitable, reporting a net profit after tax of Rs. 0.20 crore, a notable improvement from a loss of Rs. 22.22 crore in the comparable period. This positive shift in profitability is a key highlight for shareholders.