TruAlt Bioenergy Limited has delivered robust financial performance for Q3FY26 ended December 31, 2025, showcasing strong revenue momentum alongside strategic business expansion initiatives. The bioenergy company's latest results demonstrate continued operational scaling while navigating seasonal business dynamics.

Financial Performance Overview

The company's Q3FY26 results highlight impressive revenue growth with consolidated performance showing significant year-over-year improvements across key operational metrics.

Revenue Growth and Operational Expansion

TruAlt Bioenergy's consolidated revenue reached ₹7,132.38 million in Q3FY26, representing substantial growth from ₹4,151.14 million in the corresponding quarter of the previous year. This revenue increase of approximately 72% reflects the company's successful operational expansion and enhanced capacity utilization following the completion of its IPO and subsequent business scaling initiatives.

Profitability and Margin Analysis

Despite strong revenue performance, consolidated net profit declined to ₹691.90 million from ₹751.92 million year-over-year. The company's EBITDA grew modestly to ₹1,314.89 million, though EBITDA margins compressed significantly to 18.44% from 29.89% in the previous year, indicating higher operational costs associated with business expansion activities.

Strategic Business Developments

The company has undertaken several significant strategic initiatives during the quarter. TruAlt Bioenergy appointed Mr. Monu Kumar as Company Secretary and Compliance Officer, bringing over 11 years of experience in corporate governance and regulatory compliance. Additionally, the company entered into a strategic agreement with Honeywell on January 28, 2026, to deploy Ethanol-to-Jet (ETJ) process technology for developing a sustainable aviation fuel production facility with an envisaged capacity of approximately 80,000 tonnes per annum.

IPO Proceeds Utilization and Joint Venture Progress

Following its successful IPO listing in October 2025, the company has utilized ₹519.37 million of the ₹750 million raised, primarily toward capital expenditure and working capital requirements. The company has also progressed its joint venture with Sumitomo Corporation for compressed biogas plants, with construction commenced at three sites expected to be commissioned in the second quarter of calendar year 2027.

Business Outlook and Operational Context

The company's ethanol business continues to exhibit seasonal patterns aligned with sugarcane harvesting cycles. During the quarter, operations were primarily restricted to Unit 3 while conversion activities for dual-feed capability were in progress at Units 1, 2, and 4. Unit 1 became operational in November 2025, with capacity utilization expected to normalize as operational efficiency improvements are implemented across all facilities.

TruAlt Bioenergy Limited has announced a key leadership appointment, naming Mr. Monu Kumar as Interim Company Secretary and Compliance Officer effective January 9, 2026. The appointment was approved by the company's Board of Directors following a recommendation from the Nomination and Remuneration Committee during their meeting held on January 9, 2026.

Board Meeting Details

The board meeting that approved Mr. Kumar's appointment commenced at 4:30 PM and concluded at 5:15 PM on January 9, 2026. The company has fulfilled its regulatory obligations by informing both BSE Limited and the National Stock Exchange of India Limited about this key managerial personnel appointment under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Terms and Duration

Mr. Kumar's appointment as Interim Company Secretary and Compliance Officer is effective immediately and will continue until a regular Compliance Officer is appointed or until further orders of the Board, whichever occurs earlier. The appointment details are summarized below:

Professional Background and Expertise

Mr. Monu Kumar brings substantial experience to his new role at TruAlt Bioenergy Limited. He is a qualified Company Secretary and Law Graduate with over 11 years of professional experience spanning multiple areas of corporate operations. His expertise encompasses several critical areas:

• Corporate governance and secretarial functions
• Legal and regulatory compliance across various entity types
• Experience with listed, unlisted, NBFC, and group companies
• Corporate restructuring and merger & acquisition activities
• Cross-border regulatory compliance and FEMA matters
• Transaction support and fund raising initiatives
• IPO and listing compliance requirements

Previous Professional Experience

Prior to joining TruAlt Bioenergy Limited, Mr. Kumar held positions with several notable organizations. His previous associations include Kurl-On, which operates as a material subsidiary of Sheela Foam Limited (a listed entity), Rungta Irrigation Limited, and Samara Realty Private Limited. This diverse experience across different sectors and company structures positions him well for his interim role.

Regulatory Compliance

The appointment has been made in full compliance with regulatory requirements, including Regulation 30 of the SEBI Listing Regulations and relevant SEBI circulars. TruAlt Bioenergy Limited has provided comprehensive disclosure details as required under the applicable regulations and has made the information available on the company's website at www.trualtbioenergy.com .

This interim appointment ensures continuity in the company's compliance and secretarial functions while the organization works toward identifying a permanent candidate for the role. Mr. Kumar's extensive background in corporate governance and regulatory compliance across various business environments makes him well-suited to handle the interim responsibilities effectively.