Blue Blends (India) Limited reported a consolidated net loss of ₹14.29 crore for the financial year ended March 31, 2026, on the back of a significant surge in revenue. The company's revenue from operations for FY26 stood at ₹1,531.50 crore, a sharp increase from ₹52.63 crore in the previous year. Despite the top-line growth, the company continued to face profitability pressures, with the Trading & Distribution segment contributing the bulk of the revenue but also incurring losses in the manufacturing segment.

The Board of Directors, led by Managing Director Aditya M Parekh and CFO Ritesh Rajkumar Chokhani, approved the audited standalone and consolidated financial results on May 29, 2026. The statutory auditors, M/s. Shabbir & Rita Associates LLP, issued an audit report with an unmodified opinion on the financial statements. The auditors confirmed that the results give a true and fair view in conformity with the Indian Accounting Standards (Ind AS).

Financial Performance

The company's total income for the consolidated financial year rose to ₹1,532.54 crore, up from ₹54.60 crore in FY25. Total expenses for the year increased to ₹1,545.59 crore, compared to ₹62.04 crore in the previous year. The basic and diluted earnings per share (EPS) for the year stood at a loss of ₹0.66, worsening from a loss of ₹0.34 in the prior year.

On a standalone basis, the company reported a net loss of ₹14.35 crore for FY26, with revenue from operations at ₹1,531.50 crore. The standalone total income was ₹1,532.11 crore, while total expenses were ₹1,545.23 crore.

Segment Results

The company operates two reportable segments: Manufacturing and Trading & Distribution. The Trading & Distribution segment was the primary revenue driver, generating ₹1,374.79 crore in consolidated revenue for FY26, while the Manufacturing segment contributed ₹156.71 crore. However, the Manufacturing segment reported a loss before tax of ₹22.46 crore, whereas the Trading & Distribution segment reported a profit before tax of ₹8.41 crore.

Assets and Liabilities

The consolidated total assets as of March 31, 2026, stood at ₹327.70 crore, up from ₹245.94 crore in the previous year. The company's equity reserves excluding revaluation reserves were negative at ₹(162.21) crore. Total current liabilities increased to ₹273.40 crore from ₹177.01 crore in the prior year, primarily driven by trade payables and other financial liabilities.

Regulatory and Corporate Governance

The financial results were prepared in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company noted that the extinguishment of existing equity share capital and infusion of fresh equity by the Successful Resolution Applicant (SRA), as per the approved Resolution Plan by the Hon'ble NCLT, are under implementation. Consequently, details of shareholders holding more than 5% shares and shares held by promoters were not disclosed.

Blue Blends (India) Limited has announced that its board of directors will meet on Friday, May 29, 2026. The primary agenda for the meeting is to consider, approve, and take on record the audited standalone and consolidated financial results of the company for the quarter and year ended March 31, 2026. The proceedings will be conducted in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details

The board meeting is convened pursuant to Regulation 29 of the SEBI Listing Regulations. Alongside the financial results, the directors may also discuss and decide upon any other items as deemed necessary during the session.

Trading Window Closure

In connection with the upcoming financial results, the company has reiterated that the trading window for dealing in the securities of the company remains closed for insiders. The closure was effective starting Wednesday, April 01, 2026, as per the company's earlier intimation dated March 25, 2026.

Key Information