
Ujaas Energy Q1 net profit down nearly 35 pc
Last Updated: August 12, 2025, 17:15 IST
Representational image (Image: News18)
New Delhi, Aug 12 (PTI) Ujaas Energy on Tuesday reported a nearly 35 per cent decline in its net profit to Rs 2.48 crore in the June quarter compared to the preceding year, mainly due to lower revenues.
It had posted a net profit of Rs 3.81 crore in the quarter ended on June 30, 2024, a BSE filing showed.
Total revenues declined to Rs 9.20 crore in the quarter from Rs 10.71 crore in the same period a year ago.
Swipe Left For Next Video View all
The board also approved dissolution of the Implementation and Management Committee (IMC), which was constituted for the purpose of overseeing and executing the implementation of the Resolution Plan as approved by the National Company Law Tribunal (NCLT), Indore Bench, vide its order on October 13, 2023, subject to directions and acceptance for the dissolution of the committee by the NCLT.
The board also approved the extension of the scope of the 'Management Committee" of the Board of Directors of the Company. PTI KKS SHW (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments News agency-feeds Ujaas Energy Q1 net profit down nearly 35 pc Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Read More

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
23 minutes ago
- Time of India
Consumer commission fines photographers for deficient wedding services
Koppal: The District Consumer Redressal Commission has ruled in favour of a couple who lodged a complaint against photographers for failing to provide promised wedding services. The commission has ordered the photographers to pay compensation and costs for the deficient service. According to consumer complaint No. 72/2024, Lekhana and Arpan from Koppal, hired Roshan Christopher and Emmanuel of Wedhoods Woollex, BTM Layout, Bengaluru, to provide photography and videography services for their pre-and post-wedding ceremonies. A contract was signed for Rs 1.2 lakh to cover the wedding ceremonies in Sakleshpur and Chikkamagaluru from Nov 28 to Nov 30, 2022, with Rs 1 lakh paid through UPI transactions. However, the couple later approached the consumer commission, alleging that the services provided by the company failed to meet the agreed terms. The commission, chaired by GE Saubhagyalakshmi and member Raju N Maitri, directed the photographers to pay Rs 25,000 as compensation to the complainants, along with interest at 6% per annum from the date of the complaint until the amount was paid. Additionally, Rs 5,000 was ordered to cover complaint expenses. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area. Get the latest lifestyle updates on Times of India, along with Happy Independence Day wishes , messages , and quotes !


Time of India
25 minutes ago
- Time of India
Inferior quality headphones not replaced, forum asks e-tailer to pay consumer Rs31k
Ghaziabad: Over a year after a Loni resident felt at the receiving end of a "faulty delivery" from an e-commerce platform, he has got relief from the consumer forum. District Consumer Disputes Redressal Commission (DCDRC) has directed Amazon to collect the product from Sankalp Dhama and refund Rs 26,989, which was taken in advance for a premium headphone. Dhama had filed the complaint in June 2024, a month after the delivery of the product. A bench of DCDRC, comprising president Praveen Kumar Jain and members Shailja Sachan and RP Singh, on July 17 also directed the company to pay compensation of Rs 5,000 for mental agony and litigation costs within a period of 45 days from the date of the order. Failing this, an interest at 6% on the outstanding amount until the last date of payment must be paid. You Can Also Check: Noida AQI | Weather in Noida | Bank Holidays in Noida | Public Holidays in Noida | Gold Rates Today in Noida | Silver Rates Today in Noida The commission had issued notices to the company, but in the absence of any response, heard the matter ex-parte. While reviewing the documents filed by the applicant, the commission observed that the e-commerce company acknowledged the complaint of faulty delivery through an email but did not replace the headphone or return the cost taken. "Under these circumstances, we conclude that Amazon must return the money and take back the headphone delivered to the customer. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Pierce Brosnan's Wife Lost 120 Pounds - This Is Her Now Undo Since they are found guilty of deficiency in service by delaying the process, they also must pay compensation of Rs 5,000," the commission ruled. Filing an application before the commission on June 27, 2024, Dhama said that he booked a noise-cancelling headphone — WH1000XM5 Sony headphone — on the e-commerce platform by paying Rs 26,989 on May 12, 2024. "I got a booking confirmation the next day and on the evening of May 14, the delivery boy brought the product to my address," Dhama told the commission. He said that when he opened the packet, it contained a JBL Quantum 100 headphone, which is not only cheaper but also not equipped with the necessary functionalities that he was looking for. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area. Get the latest lifestyle updates on Times of India, along with Happy Independence Day wishes , messages , and quotes !


Time of India
25 minutes ago
- Time of India
'Drishyam 2' producer Kumar Mangat Pathak granted bail by Patiala House court
Producer has been granted anticipatory bail by the Patiala House court in Delhi with regard to an FIR lodged by . Rajinder had alleged that he transferred money to the tune of INR 75 lakhs for the dubbing of 'Drishyam 2' for its release in the Chinese market, including China, Hong Kong, and Taiwan. Tired of too many ads? go ad free now The court found no substance in the allegations against Kumar Mangat Pathak after considering the facts, circumstances, and evidence on record. The court observed in the ledger entries that the payment made to the corporate account of Panorama Studios International Limited by Rajinder Goel was for a Gujarati film, and not for 'Drishyam 2.' The producer's legal team said in a statement, "It is categorically stated that Mr. Kumar Mangat Pathak on behalf of his company Panorama Studios International Limited (PSIL) has never entered into any transaction or agreement with Mr. Rajinder Goel, and as such, he has never invested any money with Mr. Kumar Mangat Pathak or PSIL. His allegations are false, baseless, concocted and appear to be an afterthought designed to create a misleading and malicious narrative with intentions to malign the reputation of Kumar Mangat Pathak and PSIL. It is further clarified that any dealings , transactions done by Mr. Rajinder Goel were solely with a third party and not with Mr. Kumar Mangat Pathak or his company. Any attempt to link Mr. Kumar Mangat Pathak to such transactions is wholly unfounded and malicious." Following the bail, Kumar Mangat Pathak has instructed his legal team to initiate Rs 100 crore defamation suit against Rajinder Goel. The producer's advocate, Vineet Dhanda, said, "We also urge members of the press to act with responsibility and refrain from publishing or circulating unverified and false narratives that can cause unwarranted harm to Mr. Pathak's reputation and standing in the film industry." "The legal team will take all necessary steps, including legal proceedings, against any individual or entity found propagating such falsehoods," he added.