Tulasee Bio-Ethanol Limited has released its unaudited financial results for the third quarter of fiscal year 2026, revealing continued operational challenges with no revenue generation and mounting losses. The Board of Directors approved these results during their meeting held on February 5, 2026.

Financial Performance Overview

The company's financial performance for Q3FY26 demonstrates ongoing operational difficulties across key metrics:

The company reported zero revenue from operations and other income during the quarter, while total expenses increased significantly to ₹4.16 lakhs from ₹1.87 lakhs in the corresponding quarter of the previous year. All expenses were categorized under "other expenses," indicating administrative and operational costs without corresponding revenue generation.

Half-Yearly and Annual Performance

The cumulative performance shows deteriorating trends across reporting periods:

For the half-year ended December 31, 2025, the company's net loss increased to ₹7.42 lakhs compared to ₹3.45 lakhs in the corresponding period of the previous year, representing a 115.07% increase in losses.

Balance Sheet Position

The company's financial position as of December 31, 2025, reflects the impact of continued losses:

Despite operational losses, the company's cash position improved marginally to ₹1.03 lakhs from ₹0.72 lakhs. However, total equity declined to ₹55.18 lakhs from ₹69.80 lakhs, primarily due to accumulated losses reflected in negative other equity of ₹528.58 lakhs.

Cash Flow Analysis

The cash flow statement for the year ended December 31, 2025, shows:

The company generated positive cash flow from operating activities of ₹31,101 lakhs during the year, primarily due to changes in working capital components including other current liabilities and trade receivables.

Regulatory Compliance

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) 34 on Interim Financial Reporting, prescribed under Section 133 of the Companies Act, 2013, and Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by statutory auditors A. C. Jhaveri & Associates, who provided a limited review report confirming compliance with applicable accounting standards and regulatory requirements.