Tirupati Starch & Chemicals Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, following a board meeting conducted on February 14, 2026. The board meeting commenced at 1:30 P.M. and concluded at 3:55 P.M. at the company's registered office in Indore, Madhya Pradesh.

Financial Performance Overview

The company demonstrated improved quarterly performance with notable growth in profitability metrics. The financial results reflect the company's operational efficiency in its starch and allied products manufacturing segment.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the company reported consolidated revenue from operations of ₹27,339.86 lakhs compared to ₹28,812.04 lakhs in the corresponding period of the previous year. The nine-month net profit stood at ₹401.48 lakhs versus ₹598.95 lakhs in the previous year.

Regulatory Compliance and Board Meeting Details

The board meeting (Meeting No.: BM/06/2025-26) was held at the company's registered office at Shree Ram Chambers, 12-Agrawal Nagar, Main Road, Indore, Madhya Pradesh. The board considered and approved both standalone and consolidated unaudited financial results along with limited review reports.

Operational Highlights

The company's cost structure showed variations during the quarter, with cost of materials consumed at ₹5,856.84 lakhs for Q3FY26. Employee benefit expenses remained stable at ₹340.54 lakhs, while finance costs were recorded at ₹243.09 lakhs for the quarter.

The company operates primarily in manufacturing of starch and allied products, representing its single reportable business segment. The financial results have been prepared in compliance with Indian Accounting Standards (Ind AS) and reviewed by the audit committee before board approval.

Statutory Compliance and Disclosures

Harish Khandelwal & Co., Chartered Accountants, conducted the limited review of both standalone and consolidated financial results. The results are being filed in XBRL format within the stipulated time and published in newspapers with Quick Response Code as per SEBI requirements.

The company maintains its registered office at Shree Ram Chambers, Indore, and manufacturing operations at Village-Sejwaya, Ghata Billod, District Dhar, Madhya Pradesh. The results are also available on the company's website at www.tirupatistarch.com .

Tirupati Starch & Chemicals Limited, a key player in the starch manufacturing sector, has reported a mixed financial performance for the second quarter ended September 30, 2025. The company's results show a significant turnaround in profitability despite a decrease in revenue.

Financial Highlights

All figures in crore

Revenue Decline

Tirupati Starch & Chemicals experienced a 13.59% year-on-year decline in revenue, reporting ₹89.23 crore for Q2 2025 compared to ₹103.27 crore in the same quarter last year.

Profitability Improvement

Despite the revenue decline, the company demonstrated a remarkable improvement in profitability. It reported a net profit of ₹0.22 crore for Q2 2025, a significant turnaround from the loss of ₹6.58 crore in Q2 2024. This shift to profitability suggests effective cost management and operational efficiency measures.

Board Approval and Financial Reporting

The company's Board of Directors has approved both standalone and consolidated unaudited financial results for the quarter and half-year ended September 30, 2025.

Consolidated Performance

While specific details of the consolidated results were not provided, it's worth noting that the company has a wholly-owned subsidiary, Tirupati Starch Charitable Foundation, which is a Section-8 company.

Outlook

The company's ability to achieve profitability despite lower revenue generation indicates resilience in challenging market conditions. However, the decline in revenue may warrant attention from management and investors alike.

Note: All financial figures are based on the unaudited results approved by the company's Board of Directors.