/ Ujaas Energy Dips Below 8% Post Decline in Q4 Profit ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Tuesday, 30 May 2017

Ujaas Energy on Monday reported a decline of 21.88% in standalone net profit to Rs 10.82 crore for the quarter ended March 31, 2017. The company had posted a standalone net profit of Rs 13.85 crore in the same quarter of the previous year.

The board of directors of the company at its meeting held on May 29, 2017, has recommended a final dividend of Rs 0.05 per share (5% on the face value of Rs 1 per share) for the financial year ended March 31, 2017.

Meanwhile, Ujaas Energy is down by 8.3% at Rs 33 per share at 12:19 hours IST on BSE.

Ujaas Energy Limited is engaged in solar power plant operation business and manufacturing and sale of solar power system. 

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