True Green Bio Energy returns to profitability in FY26

True Green Bio Energy returned to profitability in the financial year ended March 31, 2026, reporting a net profit of ₹3,132.95 lakh compared to a net loss of ₹219.23 lakh in the previous year. The company's revenue from operations surged to ₹28,369.76 lakh for FY26, up from ₹2,329.27 lakh in FY25. For the quarter ended March 31, 2026, the company recorded a net profit of ₹2,867.28 lakh on revenue of ₹19,027.58 lakh.

The Board of Directors approved the standalone audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 31, 2026. M/s. J.T. Shah & Co., Statutory Auditors, issued an audit report with an unmodified opinion on the financial results. The financial statements were prepared in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Indian Accounting Standards.

Total income for the year stood at ₹28,401.03 lakh, a sharp rise from ₹2,342.43 lakh in the prior year. Total expenses for FY26 were ₹24,201.48 lakh, compared to ₹2,464.15 lakh in FY25. The company reported a basic earnings per share (EPS) of ₹9.58 for the year, improving from a loss of ₹0.79 per share in the previous year.

Financial Performance

The table below outlines the key financial metrics for the quarter and year ended March 31, 2026, compared to the previous periods.

Particulars	Quarter Ended Mar 31, 2026 (₹ in lakhs)	Year Ended Mar 31, 2026 (₹ in lakhs)	Year Ended Mar 31, 2025 (₹ in lakhs)
Revenue from operations	19,027.58	28,369.76	2,329.27
Total Income	18,953.26	28,401.03	2,342.43
Total Expenses	15,066.61	24,201.48	2,464.15
Net Profit for the period	2,867.28	3,132.95	(219.23)
Basic EPS (₹)	8.77	9.58	(0.79)

Balance Sheet Highlights

The company's total assets increased to ₹55,773.67 lakh as of March 31, 2026, from ₹31,225.94 lakh in the previous year. Non-current assets grew significantly, primarily due to an increase in Property, Plant and Equipment to ₹34,026.73 lakh. Total equity and liabilities also rose to ₹55,773.67 lakh, driven by an increase in equity share capital and borrowings.

Equity share capital stood at ₹3,295.71 lakh, while total borrowings amounted to ₹34,033.49 lakh, comprising non-current and current borrowings. Cash and cash equivalents improved to ₹1,908.79 lakh from ₹279.84 lakh at the end of the previous financial year.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.98%	+10.25%	+15.24%	+188.11%	+119.47%	+1,046.41%

True Green Bio Energy Limited has appointed M/s. Bhavin Katariya & Associates as its Cost Auditor for the financial year 2026-27 to ensure compliance with cost record regulations. The Board of Directors approved the appointment during its meeting held on May 30, 2026, acting on the recommendation of the Audit Committee. The firm, registered under Firm Registration No. 007559, will assume responsibility for the company's cost audit functions.

The appointment was formalized pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure aligns with the requirements outlined in SEBI Circular No. SEBI/HO/CFD/CFDPoD1/P/CIR/2023/123 dated July 13, 2023. The company has submitted the necessary details to the stock exchanges to record the change.

Appointment Details

The following table outlines the key particulars regarding the new appointment:

Sr. No.	Particulars	Description
1.	Reason for Appointment	The Board, on the recommendation of the Audit Committee, has approved the appointment of M/s. Bhavin Katariya & Associates, Cost Accountants (Firm Registration No. 007559) as the Cost Auditors of the Company for the financial year 2026–27.
2.	Date of Appointment	The Board at its meeting held on May 30, 2026 approved the appointment of M/s. Bhavin Katariya & Associates Cost Accountants (Firm Registration No. 007559), as the Cost Auditor of the Company for the Financial Year 2026-27.
3.	Brief Profile	Bhavin Katariya & Associates is a professional Cost Accountancy firm situated in Anjar, Kachchh (Gujarat). The firm is committed to delivering expert cost audit, cost accounting, and financial advisory services with utmost precision and professionalism.

The newly appointed auditor is a professional firm based in Anjar, Kachchh, Gujarat. It specializes in cost audit, cost accounting, and financial advisory services, aiming to provide value-driven solutions tailored to operational needs across diverse industries. The firm brings a focus on cost management and statutory compliance to its role with True Green Bio Energy.