TruAlt Bioenergy Ltd has reported a consolidated net profit of Rs 9,686.98 lakh for the financial year ended March 31, 2026, marking a decline from Rs 14,663.85 lakh recorded in the previous fiscal. The company also posted lower revenue from operations at Rs 1,72,750.66 lakh, compared to Rs 1,90,772.40 lakh in FY25, reflecting a challenging operating environment.
The company’s board approved the audited financial results for the quarter and full year on May 22, 2026. On a standalone basis, net profit stood at Rs 8,003.00 lakh, down from Rs 14,061.53 lakh in the previous year, while revenue from operations was Rs 1,70,465.34 lakh.
For the quarter ended March 31, 2026, TruAlt reported a consolidated net profit of Rs 6,094.97 lakh, with standalone profit at Rs 5,673.15 lakh.
The company’s total comprehensive income for FY26 fell to Rs 9,710.18 lakh from Rs 14,664.25 lakh a year earlier. Basic earnings per share (EPS) declined to Rs 12.30 from Rs 20.94, while finance costs rose to Rs 16,002.41 lakh, up from Rs 14,361.10 lakh in FY25.
Operationally, TruAlt strengthened its ethanol production capabilities by introducing dual-feed systems across multiple units. This allows the use of maize and rice as alternative feedstock during periods when sugarcane-based raw materials are unavailable, reducing seasonal dependency.
Dual-feed systems were commissioned at Unit 1 in November 2025, Unit 4 in January 2026, and Unit 2 in February 2026. Unit 5 remains non-operational pending regulatory approval.
In a significant legal development, the Karnataka High Court granted relief to the company regarding a shortfall in ethanol supply to Oil Marketing Companies (OMCs). The court directed authorities to consider a 90-day extension for fulfilling pending supplies valued at approximately Rs 1,075 crore.
On the strategic front, TruAlt expanded partnerships through key joint ventures. Sumitomo Corporation acquired a 49% stake in TruAlt Gas in April 2026, while GAIL India picked up a similar stake in Leafiniti Bioenergy in March 2026. Additionally, the company also signed an agreement with Honeywell to deploy Ethanol-to-Jet technology for SAF production with an estimated capacity of 80,000 tonnes per annum.
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