Coastal Corporation Secures Rs. 361.73 Crore Ethanol Supply Order for EBPP

1 min read     Updated on 22 Oct 2025, 06:09 PM
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Overview

Coastal Corporation's subsidiary, Coastal Biotech Private Limited, has secured an ethanol supply order of 56,521 Kiloliters under the Ethanol Blended Petrol Programme for 2025-26. The order, valued at approximately Rs. 361.73 crores (excluding GST), comes from two sources: 45,441 KL from Oil Marketing Companies and 11,080 KL from Reliance Jio BP. The supply is to be executed during the Ethanol Supply Year 2025-26, marking a significant step for the company in the renewable energy sector.

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*this image is generated using AI for illustrative purposes only.

Coastal Corporation Limited has announced a significant business development in the renewable energy sector. The company's subsidiary, Coastal Biotech Private Limited, has secured a substantial ethanol supply order under the Ethanol Blended Petrol Programme (EBPP) for the Ethanol Supply Year (ESY) 2025-26.

Order Details

The company has been allocated a total quantity of 56,521 Kiloliters (KL) of ethanol supply, with an estimated order value of approximately Rs. 361.73 crores (excluding GST). This allocation comes from two separate tenders:

Tender Source Quantity Allocated (KL)
Oil Marketing Companies (OMCs) 45,441
Reliance Jio BP 11,080
Total 56,521

Tender Participation

Coastal Biotech Private Limited participated in two significant tenders:

  1. A tender floated by Oil Marketing Companies (OMCs) including Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation Limited (IOCL), Hindustan Petroleum Corporation Limited (HPCL), and Mangalore Refinery And Petrochemicals Limited (MRPL). The tender reference number for this was L00042332 C1/22376, dated 23.09.2025.

  2. A separate tender (Reference offer No. 9503411 dated 23.09.2025) floated by Reliance Jio BP.

Execution Timeline

The ethanol supply order is to be executed during the Ethanol Supply Year 2025-26, as specified in the allocation details.

Significance of the Order

This order represents a substantial business opportunity for Coastal Corporation Limited in the growing renewable energy sector. The Ethanol Blended Petrol Programme is a key initiative in India's efforts to reduce dependence on fossil fuels and promote the use of renewable energy sources in the transportation sector.

The successful securing of this order may indicate Coastal Corporation's growing presence in the ethanol production industry and its ability to meet the increasing demand for biofuels in India.

As the company moves forward with this significant order, stakeholders will likely be watching closely to see how it impacts Coastal Corporation's financial performance and market position in the coming years.

Historical Stock Returns for Coastal Corporation

1 Day5 Days1 Month6 Months1 Year5 Years
-4.37%+14.21%+27.27%+7.69%-12.94%-23.73%
Coastal Corporation
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Coastal Corporation Limited Announces Q1 FY2026 Financial Results

1 min read     Updated on 16 Aug 2025, 01:31 PM
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Reviewed by
Jubin VergheseScanX News Team
Overview

Coastal Corporation, a seafood processing and export company based in Visakhapatnam, has published its unaudited Q1 FY2026 financial results. The results, approved by the Board of Directors on August 14, 2025, were published in Business Standard and Andhra Prabha newspapers. The company, listed on BSE with scrip code 501831, operates three processing units in Andhra Pradesh and is recognized as a Three Star Export House by the Indian government. Full results are available on the company's website.

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*this image is generated using AI for illustrative purposes only.

Coastal Corporation , a prominent seafood processing and export company based in Visakhapatnam, Andhra Pradesh, has released its unaudited financial results for the first quarter of the fiscal year 2026, ending June 30, 2025. The company's Board of Directors approved the results on August 14, 2025, following a recommendation from the Audit Committee.

Financial Results Publication

The quarterly financial results were published in two newspapers:

  • Business Standard (English)
  • Andhra Prabha (Telugu)

This move aligns with the company's commitment to transparency and compliance with regulatory requirements.

Key Highlights

  • The financial results include both standalone and consolidated financial statements.
  • Statutory auditors M/s. Brahmayya & Co. conducted a limited review of the results.
  • The complete financial results are available on the company's official website at www.coastalcorp.co.in .

Company Overview

Coastal Corporation Limited is recognized as a Three Star Export House by the Government of India. The company operates three processing units in Andhra Pradesh:

  1. Unit I: Located at Survey No. 173/2, Marikavalasa Village, Madhurawada, Visakhapatnam.
  2. Unit II: Situated at Survey No. 87, P.Dharmavaram Village, S Rayavaram Mandalam, Yelamanchili, Visakhapatnam.
  3. Unit III: Found at Plot No: D7&8, Survey No. 208, 209 Ponnada Village, Kakinada SEZ, East Godavari.

Stock Market Presence

Investors can find Coastal Corporation Limited listed on the Bombay Stock Exchange (BSE) under the following details:

Exchange Scrip Code Scrip ID
BSE 501831 COASTCORP

Corporate Governance

The company's commitment to corporate governance and investor relations is evident in its prompt disclosure of financial results and adherence to SEBI regulations. Ms. Swaroopa Meruva, the Company Secretary, has officially communicated the publication of these results to the BSE, ensuring compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Investors and stakeholders interested in more detailed information about Coastal Corporation Limited's Q1 FY2026 performance are encouraged to visit the company's website or refer to the published newspaper reports for a comprehensive view of the financial results.

Historical Stock Returns for Coastal Corporation

1 Day5 Days1 Month6 Months1 Year5 Years
-4.37%+14.21%+27.27%+7.69%-12.94%-23.73%
Coastal Corporation
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