Ujaas Energy Approves Qended June 30, 2026 Results; Reconstitutes CSR and NRC Committees

Ujaas Energy Approves Qended June 30, 2026 Results; Reconstitutes CSR and NRC Committees

Ujaas Energy Approves Qended June 30, 2026 Results; Reconstitutes CSR and NRC Committees​

Ujaas Energy Limited reported its unaudited standalone financial results for the quarter ended June 30, 2026. The company's Board of Directors approved these results during a meeting held on July 30, 2026. Additionally, the board approved the reconstitution of both the Corporate Social Responsibility (CSR) Committee and the Nomination and Remuneration (NRC) Committee, incorporating Ms. Geeta Mundra into these bodies.

Financial Performance Summary​

The unaudited financial results for the quarter ended June 30, 2026, along with the Limited Review Report from Statutory Auditors, were approved by the Board. Key figures for the current period compared against the preceding and corresponding periods are detailed below:

ParticularsQuarter Ended 30-06-2026 (Unaudited)Preceding 3 Months ended 31-03-2026 (Audited)Corresponding 3 Months ended 30-06-2025 (Unaudited)Year to Date figures for ended 31-03-2026 (Audited)
Total Revenue1,022.14691.52920.992,602.20
Total Expenses596.33639.25603.982,119.61
Profit before tax425.8152.27317.01482.59
Net Profit for the period325.0742.46248.60316.26

Committee Reconstitution and Composition​

The Board of Directors approved the reconstitution of two key committees, effective July 30, 2026.

Corporate Social Responsibility (CSR) Committee
The CSR Committee was reconstituted by inducting Ms. Geeta Mundra as an additional member. The committee composition is as follows:

S. No.Name of Committee MemberDesignationPosition in Committee
1.Anurag MundraDirector and CFOChairman
2.Nilesh RathiIndependent DirectorMember
3.Vikalp MundraDirectorMember
4.Geeta MundraDirectorMember

Nomination and Remuneration (NRC) Committee
The NRC Committee was reconstituted by inducting Ms. Geeta Mundra as an additional member. The committee composition is as follows:

S. No.Name of Committee MemberDesignationPosition in Committee
1.Nilesh RathiIndependent DirectorChairman
2.Surabhi AgrawalIndependent DirectorMember
3.Girish KatariaIndependent DirectorMember
4.Geeta MundraNon-Executive DirectorMember

Auditor’s Review and Financial Notes​

The Statement of Standalone Unaudited Financial Results for the quarter ended June 30, 2026, was reviewed by the Audit Committee and approved by the Board.

Audit Qualification Details:
During the review process, a qualification was noted regarding accrued interest income on Fixed Deposits with Axis Bank. The company accrued Rs 4.06 Lakhs for the quarter ended June 2026 (corresponding to previous year's quarterly figure of Rs 6.70 Lakhs and full-year accrual of Rs 17.49 Lakhs). However, this amount has not been credited by the bank, creating a difference between the balance per the books of accounts and the bank confirmation.

The auditor provided a Qualified Opinion on these results.

UEL Stock Price Movement​

Ujaas Energy Limited shares closed today, gaining 11.38% to settle at ₹128.11. The equity moved strongly through the day, trading within a range defined by the low of ₹119.6 and a high of ₹139.99, with total traded volume reaching 4,834 shares.
 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Back
Top