Tulsi Extrusions Limited (TULSI)
Latest quarterly results (Q3 FY26)
In its latest reported quarter, Q3 FY26, Tulsi Extrusions' revenue was ₹9.1 Cr, and net profit ₹-3.3 Cr; the operating margin was -10.5%.
| Q3 FY26 (₹ Cr) | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹9.1 | — | — |
| Operating profit | ₹-0.9 | — | — |
| Net profit | ₹-3.3 | — | — |
| EPS (₹) | -1.56 | — | — |
| Operating margin | -10.5% | — | — |
📢 Recent Corporate Announcements
Tulsi Extrusions reported a net loss of ₹327.38 Lakhs for the quarter ended December 31, 2025, on revenue of ₹905.31 Lakhs. The results were significantly delayed (filed July 2026) as the company transitions from liquidation to a going concern under new management. A critical application is pending before the NCLT for the issuance of fresh equity and the extinguishment of existing share capital. Operationally, the 9-month loss has widened to ₹1,465.70 Lakhs compared to ₹1,030.59 Lakhs in the prior year period.
- Revenue from operations for Q3 FY26 declined to ₹905.31 Lakhs from ₹1,188.62 Lakhs in Q3 FY25.
- Net loss for the nine-month period ended Dec 31, 2025, widened to ₹1,465.70 Lakhs.
- Company is awaiting NCLT Mumbai approval for extinguishment of existing share capital and issuance of fresh equity.
- Status of the company was restored to 'Active' in MCA records following an NCLT order dated May 01, 2023.
- Company Secretary Ms. Muskan Aggarwal resigned effective June 24, 2026.
Tulsi Extrusions Limited has announced the resignation of Ms. Muskan Aggarwal from the position of Company Secretary and Compliance Officer. The resignation was effective from June 24, 2026, and was cited as being due to personal reasons. As this involves a Key Managerial Personnel (KMP) position, the company is required to appoint a successor to ensure continued regulatory compliance. This is a routine administrative change and is not expected to impact the company's core operations.
- Ms. Muskan Aggarwal resigned as Company Secretary and Compliance Officer effective June 24, 2026.
- The resignation was submitted due to personal reasons according to the official filing.
- The disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- The company will need to appoint a new KMP to handle statutory compliance and secretarial duties.
Tulsi Extrusions Limited has appointed Mr. Sandesh Jaju as an Additional Non-Executive Director effective June 10, 2026. Mr. Jaju is a Chartered Accountant and Registered Valuer with over 7 years of post-qualification experience in corporate finance and audits. He has a professional background in handling transactions totaling nearly $1 billion across sectors like Infrastructure, Telecom, and Technology. The appointment is subject to the approval of shareholders at the next general meeting.
- Appointment of Mr. Sandesh Jaju as Additional Non-Executive Director effective June 10, 2026.
- Mr. Jaju is a Chartered Accountant and Registered Valuer with experience in handling $1 billion worth of transactions.
- The appointee holds nil equity shares in the company as of the appointment date.
- The board meeting for the appointment concluded within 25 minutes on June 10, 2026.
Tulsi Extrusions reported a significant net loss of ₹644.34 Lakhs for the quarter ended September 30, 2025, widening from a loss of ₹338.31 Lakhs in the previous year's corresponding quarter. While quarterly revenue grew to ₹666.76 Lakhs from ₹333.27 Lakhs YoY, the company remains in a deep deficit with a half-year loss of ₹1138.32 Lakhs. The management attributed the delayed filing to the complex transition of reviving the company from liquidation (2018-2021) and is currently awaiting NCLT approval for a revised capital structure and fresh equity issuance.
- Net loss for Q2 FY26 widened to ₹644.34 Lakhs from ₹338.31 Lakhs in the same quarter last year.
- Revenue from operations for the quarter ended September 2025 stood at ₹666.76 Lakhs, up from ₹333.27 Lakhs YoY.
- Half-year (H1 FY26) net loss increased to ₹1138.32 Lakhs compared to ₹538.38 Lakhs in H1 FY25.
- Company is awaiting NCLT approval for issuance of fresh equity and extinguishment of existing share capital.
- Management cited the reconstruction of historical financial records post-liquidation as the reason for the reporting delay.
Tulsi Extrusions Limited has issued a clarification to the stock exchanges regarding its previous announcement on March 06, 2026. The clarification pertains to the appointment of Ms. Muskan Aggarwal as Company Secretary and Compliance Officer. The company has now provided the missing meeting timings, stating the Board Meeting commenced at 04:00 P.M. and concluded at 05:10 P.M. This filing addresses a procedural omission requested by the Exchange to ensure full regulatory compliance.
- Clarification provided for the Board Meeting held on March 06, 2026
- Meeting start time confirmed as 04:00 P.M. and end time as 05:10 P.M.
- Appointment of Ms. Muskan Aggarwal (Membership No. A78529) as CS and Compliance Officer remains unchanged
- Company acknowledged the inadvertent omission of timings in the initial filing
Tulsi Extrusions Limited has officially appointed Ms. Muskan Aggarwal as the Company Secretary and Compliance Officer, effective March 06, 2026. Ms. Aggarwal is a qualified Associate Member of the Institute of Company Secretaries of India (ACS No. 78529). This appointment fills a Key Managerial Personnel (KMP) position, ensuring the company adheres to SEBI listing regulations. The appointee brings approximately 5 months of professional experience in corporate law and compliance to the firm.
- Ms. Muskan Aggarwal appointed as Company Secretary and Compliance Officer effective March 06, 2026
- The appointee is an Associate Member of ICSI with Membership No. A78529
- Ms. Aggarwal holds 0 equity shares in the company and has no relationship with the Board of Directors
- The new KMP has 5 months of experience in Corporate Law and Compliance
Tulsi Extrusions reported a net loss of ₹4.94 crore for the quarter ended June 30, 2025, widening from a loss of ₹2.00 crore in the same period last year. Revenue from operations fell by 24.8% year-on-year to ₹10.43 crore, although it showed a slight sequential improvement from March 2025. The company is currently in a transitional phase following its revival from liquidation proceedings under new management. Significant reporting delays are attributed to the reconstruction of financial records and pending NCLT approvals for a revised capital structure.
- Revenue from operations decreased 24.8% YoY to ₹10.43 crore from ₹13.86 crore.
- Net loss widened significantly to ₹4.94 crore compared to a loss of ₹2.00 crore in the year-ago quarter.
- Total expenses stood at ₹15.49 crore, with cost of materials consumed accounting for ₹15.29 crore.
- Company clarified that reporting delays (results filed in March 2026) were due to the transition from liquidation to active status.
- An application for fresh equity issuance and extinguishment of old capital is pending adjudication before the NCLT.
Tulsi Extrusions Limited has informed the stock exchanges that Ms. Ritu Mandal has resigned from her position as Company Secretary and Compliance Officer. The resignation became effective from the close of business hours on December 06, 2025. The company stated the departure was due to personal reasons, and Ms. Mandal confirmed there were no other material reasons for her exit. The company is now expected to appoint a successor to ensure continued compliance with SEBI regulations.
- Ms. Ritu Mandal resigned as Company Secretary and Compliance Officer effective December 06, 2025.
- The resignation was attributed to personal reasons with no additional material reasons cited.
- The official intimation to the BSE and NSE was filed on December 08, 2025.
- The company must now fill the vacancy of this Key Managerial Personnel (KMP) to meet statutory requirements.
Tulsi Extrusions Limited announced the appointment of Mr. Rajat Bansal as a Non-Executive Non-Independent Director and Mr. Varun Mangla as a Non-Executive Independent Director, both effective December 1, 2025. Mr. Mangla's term is for 5 years, subject to shareholder approval. Mr. Manoj Bindal and Mr. Yash Bindal resigned from their positions as Whole-Time Directors, effective November 30, 2025, due to preoccupation. The board also reconstituted its committees to comply with regulatory requirements.
- Rajat Bansal appointed as Non-Executive Non-Independent Director w.e.f. December 1, 2025.
- Varun Mangla appointed as Non-Executive Independent Director w.e.f. December 1, 2025 for a 5-year term.
- Manoj Bindal resigned as Whole-Time Director effective November 30, 2025.
- Yash Bindal resigned as Whole-Time Director effective November 30, 2025.
- Board committees reconstituted to include new directors.
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