Tapi Fruit Processing Limited reported a widened consolidated net loss of ₹16.82 crore for the financial year ended March 31, 2026, compared to a net loss of ₹14.32 crore in the previous year. The company's total revenue for FY26 rose to ₹285.39 crore from ₹202.81 crore in the previous year, driven by higher operations. The standalone net loss for the year was ₹18.15 crore, compared to a loss of ₹15.72 crore in FY25.

The Board of Directors, in its meeting held on May 25, 2026, approved the audited standalone and consolidated financial results for the year and half-year ended March 31, 2026. The statutory auditors, M/s. Kansariwala & Chevli, issued an unmodified opinion on the financial results. The results were reviewed by the Audit Committee and subsequently approved by the Board.

Total expenses for the consolidated entity increased to ₹302.34 crore in FY26 from ₹217.83 crore in the previous year. Key expenses included the cost of materials consumed, which rose to ₹203.39 crore, and employee benefits expenses, which increased to ₹25.33 crore. Finance costs for the year stood at ₹6.87 crore, up from ₹0.94 crore in the prior year.

Financial Performance

The company's earnings per share (EPS) on a consolidated basic basis for FY26 was reported at a loss of ₹3.92 per share, compared to a loss of ₹3.40 per share in the previous year. The paid-up equity share capital as of March 31, 2026, was ₹430.05 lakh. Reserves and surplus decreased to ₹623.84 crore from ₹777.93 crore in the previous year.

Corporate Approvals

Alongside the financial results, the Board approved the appointment of Mr. Praful N. Vekariya as the Secretarial Auditor for the financial year 2026-27. The firm M/s. M R D and Co LLP was appointed as the Internal Auditor for the same period. Additionally, the Board approved availing a credit facility of ₹59.86 lakh from Indian Bank under the ECLGS 5.0 scheme for working capital purposes. The requisite disclosure regarding this loan will be made upon execution of the agreement.

Tapi Fruit Processing Limited has received a declaration from its promoter, Ashokkumar Laljibhai Lukhi, confirming that no equity shares of the company have been encumbered during the financial year 2025-26. The declaration was submitted in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Declaration Details

The promoter stated that he, along with his persons acting in concert, has not created any encumbrance on the equity shares of tapi fruit processing , either directly or indirectly. This confirmation covers the entire financial year 2025-26 and excludes any encumbrances that may have been previously disclosed.

Submission to Exchanges

The declaration was addressed to the National Stock Exchange of India Limited and the Audit Committee of Tapi Fruit Processing Limited. The document, dated April 4, 2026, was submitted from Surat, Gujarat, to ensure regulatory compliance and transparency regarding the promoter's shareholding status.

The confirmation provides assurance to shareholders regarding the stability of the promoter's holding structure during the specified period.