Ujaas Energy reports Q2 profit, shareholding shifts after bonus issue

Swastika Fin-mart Private Limited, a non-promoter shareholder, disclosed an acquisition of 21,000,000 equity shares of Ujaas Energy Limited on October 14, 2025. This increased Swastika Fin-mart's stake from 9.45% to 23.61%, passively resulting from a bonus issue without consideration paid.

Ujaas Energy's board of directors approved the unaudited financial results for the quarter and half-year ended September 30, 2025. The company reported a profit before tax of INR 93.41 Lakhs for the quarter and INR 410.42 Lakhs for the half-year. Total revenue for the quarter was INR 540.91 Lakhs, with total expenses at INR 447.50 Lakhs.

The audit report included a qualified opinion related to a difference of INR 6.79 Lakhs in accrued interest income on Fixed Deposits with Axis Bank for the quarter ended September 30, 2025. This discrepancy arose as the bank had not credited the amount. Additionally, Axis Bank has not yet reflected the settlement of borrowings amounting to INR 735.93 Lakhs as per an NCLT-approved resolution plan.