The Board has approved Unaudited Quarterly financial statements for the quarter ended 31.12.2025 in its board meeting held on 05/02/2026.
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Tulasee Bio-Ethanol Ltd's board, meeting on 5 February 2026, approved the unaudited financial results for the quarter ending 31 December 2025. The company reported zero revenue from operations across all periods shown, including the latest quarter, the half-year, and the full year ended March 2025. It posted a net loss of Rs 4.16 lakhs for Q3 FY26 and Rs 7.42 lakhs for the nine months ended December 2025, compared to a full-year loss of Rs 12.96 lakhs in FY25. Total equity stands at just Rs 55.18 lakhs, with accumulated losses of Rs 528.58 lakhs eroding most of the Rs 583.76 lakhs share capital, while non-current borrowings remain heavy at Rs 753.96 lakhs and cash balance is a thin Rs 1.03 lakhs.
This is a deeply negative picture for shareholders: the business has no operating revenue, is loss-making, carries debt roughly 13-14 times its equity, and has near-zero cash, raising serious questions about the company's ability to continue as a going concern and the sustainability of its stock price.