Urja Global Ltd

Urja Global Q2 FY2026 Results: Revenue Dips, Auditor Flags Concerns ⚠️📉

- Consolidated Q2 revenue at ₹1,549.75L, down from ₹1,901.15L last quarter

- Standalone net profit stronger at ₹78.18L vs consolidated ₹41.5L

- Auditor questions ₹46.35Cr mine investments & ₹34.24Cr unreversed GST credits

- SEBI penalty of ₹90L for disclosure lapses; multiple GST demands pending

- Concerning receivables: ₹67.82Cr total, with ₹67.19Cr overdue by 180+ days

- Segment breakdown: EVs (₹1,271.34L), Renewables (₹96.91L), Batteries (₹181.50L)

- Subsidiaries include Urja Batteries, Urja Digital World, and Sahu Minerals

- Auditor warns of documentation gaps and loan recovery risks affecting reliability