Ujaas Energy Limited reported a 64% decline in net profit to INR 316.26 lakh for the financial year ended March 31, 2026, compared to INR 885.04 lakh in the previous year. Revenue from operations fell to INR 1,663.85 lakh from INR 2,693.51 lakh in FY25, primarily driven by lower income from its solar power plant operations and electric vehicle segments.

The company's earnings before interest, tax, depreciation, and amortization (EBITDA) decreased to INR 546.12 lakh from INR 1,183.26 lakh in the prior year. Total expenses for the year stood at INR 2,119.61 lakh, while other income rose to INR 938.35 lakh from INR 742.01 lakh in the previous year.

Financial Performance

The standalone financial performance for FY26 reflects a contraction across key metrics. The profit before tax (PBT) dropped to INR 482.59 lakh from INR 1,103.27 lakh in FY25. Earnings per share (EPS) declined to INR 0.24 from INR 0.66 in the previous year.

Segment Revenue

Revenue from the solar power plant operation business decreased to INR 1,707.04 lakh from INR 2,723.68 lakh in the previous year. Income from the manufacturing and sale of solar power systems rose to INR 573.45 lakh from INR 402.81 lakh, while revenue from the electric vehicle segment fell to INR 27.87 lakh from INR 96.02 lakh.

Dividend and Capital Changes

In view of the inadequate profits, the Board of Directors did not recommend any dividend for the financial year ended March 31, 2026. During the year, the paid-up share capital increased to INR 13,33,97,814, divided into 13,33,97,814 equity shares of INR 1 each, following the issuance of bonus shares to comply with minimum public shareholding requirements.

Ujaas Energy Limited will convene a board meeting on June 22, 2026, to deliberate on the scheduling of its 27th Annual General Meeting and approve the draft Board's Report. The meeting is scheduled to begin at 11:00 AM at the company's Registered & Corporate Office located at Survey No. 211/1, Opposite Sector - C and Metalman, Sanwer Road, Industrial Area, Indore. The agenda includes finalizing the date, time, and venue for the upcoming AGM and approving the draft notice for the same.

Agenda for the Board Meeting

The board's primary focus will be on corporate governance and statutory compliance. The directors are set to consider and approve the draft Board's Report along with its annexures. Additionally, the meeting will cover any other business items that may be introduced with the permission of the Chair.

Meeting Details

The intimation was submitted to the stock exchanges pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sarvesh Diwan, Company Secretary & Compliance Officer, signed the disclosure on June 16, 2026.