Financial Results for the quarter ended June 30, 2025
Awaiting price reaction for this filing.
Tulsi Extrusions Limited reported Q1 FY26 revenue from operations of Rs. 1,042.71 lakhs, down about 25% from Rs. 1,386.21 lakhs in the same quarter last year. The company swung to a wider loss of Rs. 493.99 lakhs versus a loss of Rs. 200.07 lakhs in Q1 FY25, giving a basic EPS of negative Rs. 2.36. Total expenses rose to Rs. 1,549 lakhs driven by higher raw material costs and a sharp jump in depreciation. The filing was submitted very late (March 2026 instead of mid-2025); the company attributes the delay to its recent revival from insolvency and liquidation proceedings (Dec 2018 to Dec 2021) and pending NCLT approval for capital restructuring. Auditor KRA & Co. issued an unqualified (clean) limited review report.
This is a small company still in turnaround mode post-liquidation, with shrinking revenue, widening losses and unresolved capital structure — a high-risk situation for shareholders. The clean auditor opinion is a positive, but the late filing and ongoing restructuring keep governance and execution risk elevated.