Tulsi Extrusions Limited Reports Q2 FY26 Results with Board Approval and Compliance Updates

2 min read     Updated on 16 Apr 2026, 07:54 PM
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Tulsi Extrusions Limited announced its Q2 FY26 financial results showing a net loss of ₹644.34 lakhs against revenue of ₹664.45 lakhs, with board approval on April 15, 2026, followed by mandatory newspaper publication on April 16, 2026, in Active Times and Mumbai Lakshdeep to complete regulatory disclosure requirements under SEBI regulations.

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Tulsi Extrusions Limited announced its unaudited financial results for the quarter and half-year ended September 30, 2025, following board approval on April 15, 2026. The company, which recently emerged from liquidation proceedings, continues to face operational challenges while working to regularise compliance requirements.

Board Meeting Outcome and Regulatory Compliance

The Board of Directors approved the unaudited standalone financial results at a meeting held on April 15, 2026, from 5:00 PM to 5:40 PM. The results were submitted under Regulation 33 of the SEBI (Listing Obligations & Disclosures Requirements) Regulation, 2015, with KRA & Co., Chartered Accountants, providing the limited review report.

Meeting Details: Information
Date: April 15, 2026
Duration: 5:00 PM to 5:40 PM
Auditor: KRA & Co., Chartered Accountants
Regulation: SEBI Regulation 33

Following the board approval, the company published its financial results in newspapers on April 16, 2026, in Active Times (English) and Mumbai Lakshdeep (Hindi), completing the regulatory disclosure requirements. The newspaper publication was communicated to both NSE and BSE through formal intimation letters.

Financial Performance Overview

The company's financial performance for Q2 FY26 presents a mixed picture with revenue growth accompanied by substantial losses:

Metric: Q2 FY26 Q2 FY25 Change (%)
Revenue from Operations: ₹664.45 lakhs ₹334.53 lakhs +98.60%
Net Loss: ₹644.34 lakhs ₹338.31 lakhs +90.50%
Basic EPS (non-annualised): ₹(3.08) ₹(1.61) -91.30%
Equity Share Capital: ₹2094.95 lakhs ₹2094.95 lakhs 0.00%

Half-Year Performance Analysis

For the half-year period ended September 30, 2025, the company's performance showed deterioration compared to the previous year:

Parameter: H1 FY26 H1 FY25 Variance
Revenue from Operations: ₹1719.47 lakhs ₹172.18 lakhs +898.70%
Net Loss: ₹1138.32 lakhs ₹538.38 lakhs +111.40%
Basic EPS (non-annualised): ₹(5.43) ₹(2.57) -111.30%
Total Comprehensive Income: ₹(1138.32) lakhs ₹(538.38) lakhs +111.40%

Regulatory Compliance and Revival Context

Tulsi Extrusions submitted a detailed clarification regarding the delayed submission of financial results, attributing the delay to its complex revival process from liquidation proceedings. The company underwent Corporate Insolvency Resolution Process followed by liquidation proceedings from December 2018 until December 2021. The Hon'ble National Company Law Tribunal, Mumbai Bench, issued an order dated May 01, 2023, directing the change in company status from "Under Liquidation" to "Active."

The current management, led by successful bidder Surender Kumar Bansal, has been working to regularise past compliances and restore the operational framework. The company has applications pending before the Hon'ble NCLT for approval of fresh equity share issuance and extinguishment of existing share capital structure.

Auditor Review and Stock Exchange Communication

KRA & Co., Chartered Accountants, conducted the limited review of the unaudited financial results. The auditors expressed an unqualified conclusion, stating that nothing came to their attention suggesting the financial statements were not prepared in accordance with applicable accounting standards and regulatory requirements.

The company maintains its listing on both NSE (Symbol: TULSI) and BSE (Scrip Code: 532948), with registered office at Plot No. N-99, MIDC Area, Jalgaon, Maharashtra. The financial results disclosure process was completed with newspaper publications and formal communications to stock exchanges, ensuring full regulatory compliance.

Will Tulsi Extrusions be able to achieve profitability despite the 898% revenue growth given the proportional increase in losses?

How will the pending NCLT approval for fresh equity issuance and share capital restructuring impact existing shareholders' ownership stakes?

What operational improvements is the new management implementing to address the widening gap between revenue growth and mounting losses?

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Tulsi Extrusions Limited Schedules Board Meeting for April 15, 2026 to Review Q2FY26 Financial Results

1 min read     Updated on 08 Apr 2026, 06:23 AM
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Radhika SScanX News Team
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Tulsi Extrusions Limited has scheduled a Board of Directors meeting for April 15, 2026, at its registered office in Jalgaon, Maharashtra. The meeting will focus on considering and approving the company's unaudited standalone financial results for the quarter ended September 30, 2025. This notification was made in compliance with SEBI regulations and communicated to both BSE and NSE on April 07, 2026.

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Tulsi Extrusions Limited has formally notified stock exchanges about an upcoming Board of Directors meeting scheduled for April 15, 2026. The announcement was made through official communication to both BSE Limited and the National Stock Exchange of India Limited on April 07, 2026.

Meeting Details and Compliance

The board meeting will be held at the company's registered office located at Plot No. N-99, MIDC Area, Jalgaon, Maharashtra. This notification has been issued in accordance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed companies to inform exchanges about board meetings in advance.

Meeting Parameter: Details
Date: April 15, 2026
Venue: Registered Office, Plot No. N-99, MIDC Area, Jalgaon MH 425003
Primary Agenda: Approval of Q2FY26 Unaudited Financial Results
Quarter Period: Ended September 30, 2025

Financial Results Review

The primary agenda for the board meeting involves consideration and approval of the company's unaudited standalone financial results for the quarter ended September 30, 2025. These results represent the second quarter performance of the financial year 2026-27.

Company Information

Tulsi Extrusions Limited operates from its registered office in the MIDC Area of Jalgaon, Maharashtra. The company is listed on both major Indian stock exchanges with BSE Scrip Code 532948 and NSE Symbol TULSI. The notification was signed by Director Surender Kumar Bansal, who holds DIN 02359089.

The formal communication to stock exchanges ensures compliance with regulatory requirements and keeps investors informed about the company's scheduled corporate activities and financial disclosure timeline.

How might Tulsi Extrusions' Q2FY26 results impact the company's stock performance given the current market conditions in the extrusions industry?

What key financial metrics should investors watch for in the upcoming results to gauge the company's operational efficiency and growth trajectory?

Could this earnings announcement trigger any changes in analyst ratings or institutional investor interest in Tulsi Extrusions?

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