financial result 31.03.2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
True Green Bio Energy Ltd reported audited FY25 results with revenue from operations of Rs 2,329.27 lakhs versus Nil in FY24, driven mainly by the newly identified Yarn segment (Rs 2,535.01 lakhs in segment revenue) and the new Ethanol segment. The company booked a net loss of Rs 219.23 lakhs for the year (vs profit of Rs 81.49 lakhs in FY24), with a Q4 standalone loss of Rs 232.80 lakhs. Total assets nearly tripled to Rs 31,225.94 lakhs, primarily due to capital work-in-progress of Rs 20,847.89 lakhs for the ethanol plant. The company raised Rs 5.6 crore via 8 lakh equity shares at Rs 70 each from six investors, and non-current borrowings surged to Rs 15,237.92 lakhs (vs Rs 6.24 lakhs). Operating cash flow was deeply negative at Rs (3,113.52) lakhs. Statutory auditor J.T. Shah & Co. issued an unmodified opinion.
Shareholders face continued losses despite a new revenue stream, with heavy capex on the ethanol plant yet to generate meaningful income and operating cash flow sharply negative, indicating a steep ramp-up phase funded largely by debt and equity dilution.