The unaudited standalone financial results for the quarter and half year ended September 30, 2025.
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Tulsi Extrusions reported Q2 FY26 revenue of Rs. 666.76 Lakhs, more than doubling from Rs. 333.27 Lakhs in Q2 FY25. However, half-year revenue marginally declined to Rs. 1709.47 Lakhs from Rs. 1719.48 Lakhs in the prior year period. The company continues to incur significant losses with PAT at negative Rs. 644.34 Lakhs for Q2 and negative Rs. 1138.32 Lakhs for the half year, worsening from Rs. 538.38 Lakhs loss in H1 FY25. Operating cash flow turned positive at Rs. 23.68 Lakhs in H1 FY26 compared to negative Rs. 2978.79 Lakhs in full FY25. The company, recently revived from liquidation proceedings (2018-2021), is still in a transitional phase with pending NCLT approval for fresh equity issuance. The auditor gave a clean review opinion with no qualifications.
The company is operating as a going concern post-revival but faces significant operational challenges with persistent losses. While Q2 shows revenue recovery, the half-year performance indicates continued pressure on profitability. Shareholders should monitor if the positive operating cash flow is sustainable as the company rebuilds.