The Board of Directors of the Company in their meeting held today, May 30, 3036, approved the audited standalone financial results of the Company for the quarter and year ended March 31, 2026
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Tulive Developers Limited reported zero revenue from operations for FY2026, same as the previous year. The company relies entirely on other income (Rs 29.92 lakhs, up 63% from Rs 18.32 lakhs). Operating loss improved marginally to Rs 115.07 lakhs from Rs 127.33 lakhs in the prior year. Total expenses stood at Rs 146.36 lakhs, with depreciation being the largest component at Rs 98.62 lakhs. Cash flow from operations turned negative at Rs 54.34 lakhs compared to a positive Rs 103.41 lakhs in FY2025. The auditor issued an unmodified (clean) opinion with no going concern or emphasis of matter notes.
The stock remains fundamentally weak with no operating revenue and persistent losses. The sharp turnaround in operating cash flow from positive to negative is a concern, though the company maintains adequate cash reserves (Rs 334.89 lakhs). Shareholders face continued value erosion with no clear path to profitability.