Tulasee Bio-Ethanol Ltd reported a widened standalone net loss of ₹6.42 lakh for the quarter ended June 30, 2026 (Q1FY27), compared to a loss of ₹3.65 lakh in the preceding quarter. The company recorded no revenue from operations and no other income during the period, meaning its financial performance was defined entirely by expenditure. Total expenses rose to ₹6.42 lakh, up from ₹3.65 lakh in the prior quarter, driven exclusively by an increase in other expenses. This deterioration highlights ongoing operational challenges as the company continues to incur costs without generating sales.

The Board of Directors approved the unaudited quarterly financial results at a meeting held on August 7, 2026, pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the Audit Committee and subsequently by the statutory auditors, A. C. Jhaveri & Associates, who issued a limited review report confirming that the statements comply with Ind AS 34 and SEBI Circular No. CIR/CFD/FAC/62/2016 dated July 5, 2016. Managing Director Kapil Nagpal signed off on the disclosure, which was submitted to the Bombay Stock Exchange.

Financial Performance Breakdown

The absence of revenue combined with rising operational costs resulted in a loss before tax of ₹6.42 lakh for Q1FY27. For the full year ended March 31, 2026, the company posted a net loss of ₹17.94 lakh, compared to ₹12.96 lakh in FY25. Earnings per share (basic) stood at a loss of ₹0.11 per equity share for the current quarter, worsening from a loss of ₹0.06 per share in the preceding quarter.

Balance Sheet and Cash Flow Signals

As of June 30, 2026, Tulasee Bio-Ethanol’s total assets stood at ₹842.79 lakh, marginally higher than ₹840.94 lakh at the end of FY26. Non-current assets remained stable at ₹485.92 lakh, primarily comprising property, plant, and equipment valued at ₹467.18 lakh. Current assets increased slightly to ₹356.86 lakh, driven by a rise in loans given (current) from ₹239.60 lakh to ₹241.41 lakh. Cash and cash equivalents decreased marginally to ₹0.75 lakh from ₹0.72 lakh.

On the liabilities side, non-current borrowings increased significantly from ₹738.46 lakh to ₹764.81 lakh, indicating continued reliance on debt financing. Total equity declined to ₹45.46 lakh from ₹69.80 lakh, reflecting the accumulation of losses. The cash flow statement for the year ended June 30, 2026, showed a net cash outflow from operating activities of ₹12,458, while financing activities provided a net inflow of ₹2,500 through equity contributions. The closing cash balance stood at ₹75,488, down from an opening balance of ₹85,446.

Tulasee Bio-Ethanol Limited announced its audited financial results for the fiscal year ended March 31, 2026. The company reported a net loss of ₹17.94 lakh for the year, compared to a loss of ₹12.96 lakh in the previous fiscal year. For the quarter ended March 31, 2026, the net loss stood at ₹3.65 lakh. Revenue from operations remained zero for both the quarter and the year under review.

Financial Performance

Total expenses for the year ended March 31, 2026, were ₹17.94 lakh, up from ₹12.96 lakh in the prior year. Other expenses constituted the primary component of these costs. The basic earnings per share (EPS) for the year was a loss of ₹0.30.

Balance Sheet Highlights

As of March 31, 2026, the company's total assets were valued at ₹842.13 lakh, a marginal increase from ₹840.94 lakh in the previous year. Non-current assets accounted for ₹485.92 lakh, while current assets stood at ₹356.21 lakh. On the liabilities side, total equity decreased to ₹51.86 lakh from ₹69.80 lakh in the previous year. Non-current liabilities rose to ₹757.16 lakh from ₹738.46 lakh.

Auditor's Report

The statutory auditors, A. C. Jhaveri & Associates, issued an unmodified opinion on the financial statements. The report confirmed compliance with the Indian Accounting Standards (Ind AS) and the Companies Act, 2013. The auditors also noted that the company has not declared any dividend during the year.