TruAlt Bioenergy Limited reported a consolidated net profit of ₹9,686.98 lakh for the financial year ended March 31, 2026, a decrease from ₹14,663.85 lakh in the previous year. Revenue from operations for the year stood at ₹1,72,750.66 lakh, compared to ₹1,90,772.40 lakh in FY25. The company's board approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 22, 2026.

The standalone net profit for FY26 was ₹8,003.00 lakh, down from ₹14,061.53 lakh in the prior year, while standalone revenue from operations was ₹1,70,465.34 lakh. For the quarter ended March 31, 2026, the company reported a consolidated net profit of ₹6,094.97 lakh and a standalone net profit of ₹5,673.15 lakh. The statutory auditors, N. M. Raiji & Co., issued an unmodified report on the results.

Financial Performance

The company's total comprehensive income for the consolidated year ended March 31, 2026, was ₹9,710.18 lakh, a decrease from ₹14,664.25 lakh in FY25. Basic earnings per share (EPS) for the year stood at ₹12.30 on a consolidated basis, down from ₹20.94 in the previous year. The finance costs for the year increased to ₹16,002.41 lakh from ₹14,361.10 lakh in the prior year.

Operational Highlights

TruAlt Bioenergy developed dual-feed capabilities to mitigate seasonality in the ethanol business, enabling the use of maize and rice during periods when sugarcane-based raw materials are unavailable. The company installed dual-feed capacities at Unit 1 in November 2025, Unit 2 in February 2026, and Unit 4 in January 2026. Unit 5 remained non-operational pending receipt of the requisite Consent to Operate (CTO).

The Karnataka High Court allowed a writ petition filed by the company regarding a shortfall in ethanol supply to Oil Marketing Companies (OMCs). The court directed respondents to consider the company's representation for a 90-day timeline extension to fulfill the remaining supply, valued at approximately ₹1,075 crore. Management expects to complete the delivery within the extended period.

Strategic Developments

Pursuant to a joint venture agreement, Sumitomo Corporation acquired a 49% equity interest in TruAlt Gas Private Limited on April 16, 2026. Additionally, GAIL (India) Limited acquired a 49% stake in Leafiniti Bioenergy Private Limited on March 18, 2026. The company also entered into an agreement with Honeywell in January 2026 to deploy Ethanol-to-Jet (ETJ) process technology for a sustainable aviation fuel production facility with an envisaged capacity of approximately 80,000 tonnes per annum.

Vijaykumar Murugesh Nirani, a member of the promoter group of TruAlt Bioenergy Limited , has declared that the promoter group did not create any encumbrance on the company's shares during the financial year 2025-26. The declaration confirms that no shares were pledged, directly or indirectly, other than those already disclosed to the stock exchanges. This disclosure ensures transparency regarding the holding status of the promoter group during the specified period.

The filing was submitted to BSE Limited and the National Stock Exchange of India Limited on April 8, 2026. The declaration is made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which mandates such annual disclosures by promoter groups.

The communication was addressed to the Department of Corporate Services at BSE Limited and the Listing Department at the National Stock Exchange of India Limited. A copy of the declaration was also marked to the Compliance Officer and the Audit Committee of TruAlt Bioenergy Limited for their records.