Tulasee Bio-Ethanol Limited Reports Q3FY26 Financial Results with Continued Operational Losses

Tulasee Bio-Ethanol Limited has released its unaudited financial results for the third quarter of fiscal year 2026, revealing continued operational challenges with no revenue generation and mounting losses. The Board of Directors approved these results during their meeting held on February 5, 2026. Financial Performance Overview The company's financial performance for Q3FY26 demonstrates ongoing operational difficulties across key metrics: Metric Q3FY26 Q3FY25 Change Revenue from Operations ₹0.00 lakhs ₹0.00 lakhs No change Other Income ₹0.00 lakhs ₹0.00 lakhs No change Total Revenue ₹0.00 lakhs ₹0.00 lakhs No change Total Expenses ₹4.16 lakhs ₹1.87 lakhs +122.46% Net Loss ₹4.16 lakhs ₹1.87 lakhs +122.46% The company reported zero revenue from operations and other income during the quarter, while total expenses increased significantly to ₹4.16 lakhs from ₹1.87 lakhs in the corresponding quarter of the previous year. All expenses were categorized under "other expenses," indicating administrative and operational costs without corresponding revenue generation. Half-Yearly and Annual Performance The cumulative performance shows deteriorating trends across reporting periods: Period Half-Year FY26 Half-Year FY25 Year Ended March 2025 Total Revenue ₹0.00 lakhs ₹0.00 lakhs ₹0.00 lakhs Total Expenses ₹7.42 lakhs ₹3.45 lakhs ₹12.96 lakhs Net Loss ₹7.42 lakhs ₹3.45 lakhs ₹12.96 lakhs For the half-year ended December 31, 2025, the company's net loss increased to ₹7.42 lakhs compared to ₹3.45 lakhs in the corresponding period of the previous year, representing a 115.07% increase in losses. Balance Sheet Position The company's financial position as of December 31, 2025, reflects the impact of continued losses: Assets December 31, 2025 March 31, 2025 Property, Plant & Equipment ₹467.18 lakhs ₹467.18 lakhs Non-current Investments ₹0.20 lakhs ₹0.20 lakhs Cash and Cash Equivalents ₹1.03 lakhs ₹0.72 lakhs Total Assets ₹842.12 lakhs ₹840.94 lakhs Equity & Liabilities December 31, 2025 March 31, 2025 Equity Share Capital ₹583.76 lakhs ₹583.76 lakhs Other Equity ₹(528.58) lakhs ₹(513.96) lakhs Total Equity ₹55.18 lakhs ₹69.80 lakhs Non-current Borrowings ₹753.96 lakhs ₹738.46 lakhs Despite operational losses, the company's cash position improved marginally to ₹1.03 lakhs from ₹0.72 lakhs. However, total equity declined to ₹55.18 lakhs from ₹69.80 lakhs, primarily due to accumulated losses reflected in negative other equity of ₹528.58 lakhs. Cash Flow Analysis The cash flow statement for the year ended December 31, 2025, shows: Cash Flow Component Year Ended Dec 31, 2025 Year Ended March 31, 2025 Net Cash from Operating Activities ₹31,101 lakhs ₹(37,627) lakhs Net Cash from Investing Activities ₹0.00 lakhs ₹0.00 lakhs Net Cash from Financing Activities ₹0.00 lakhs ₹5,000 lakhs Net Increase in Cash ₹31,101 lakhs ₹(32,627) lakhs The company generated positive cash flow from operating activities of ₹31,101 lakhs during the year, primarily due to changes in working capital components including other current liabilities and trade receivables. Regulatory Compliance The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) 34 on Interim Financial Reporting, prescribed under Section 133 of the Companies Act, 2013, and Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by statutory auditors A. C. Jhaveri & Associates, who provided a limited review report confirming compliance with applicable accounting standards and regulatory requirements. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.