Universal Autofoundry Reports Q1 Results: Revenue and Net Profit Decline
Universal Autofoundry Limited, a manufacturer of iron components, reported a decline in Q1 financial performance. Revenue decreased to ₹4,662.74 lakhs from ₹5,150.70 lakhs, and net profit fell to ₹68.37 lakhs from ₹241.08 lakhs compared to the previous quarter. Despite this, total assets increased to ₹14,948.07 lakhs. The company announced key appointments, including Mrs. Jayanti Jha Roda as Company Secretary and the re-appointment of Mr. Vimal Chand Jain as Chairman. The 16th AGM is scheduled for September 19.
28Jul 25
Universal Autofoundry Launches 3.60 MW Solar Plant in Bikaner, Boosting Sustainable Operations
Universal Autofoundry Limited, a manufacturer of iron components, has commenced commercial operations of a 3.60 MW AC (5 MWp DC) Captive Solar PV Power Generation Plant in Bikaner on July 24, 2025. This strategic move aims to expand production capacity and advance sustainable energy goals. The solar facility is expected to increase production capacity, reduce carbon footprint, and improve cost efficiency. Chairman Vimal Chand Jain views this as a significant step towards a sustainable future in the automotive components industry.