Tulsyan NEC Ltd

Standalone results

• Steel 12,576.20; Synthetic 1,152.17; Power 215.09; total standalone revenue 13,943.46 lakh (quarter ended 30-Jun-2026).

• Segment PBT: Steel (327.15) loss; Synthetic 23.17; Power (811.11).

• Total PBT before finance cost: (1,115.09) lakh.

• Finance costs: 1,969.87 lakh; net standalone loss after finance: (3,084.96) lakh.

• Power plant shutdown: quarter largely offline, four days of startup power required.

Consolidated results

• Consolidated net sales / income: 14,669.58 lakh; total income: 15,749.48 lakh for quarter ended 30-Jun-2026.

• Total consolidated expenses: 17,890.55 lakh; materials 13,612.41; Power & Fuel 1,782.32; finance costs 2,031.78; depreciation 559.81.

• Profit before tax: (2,141.07) lakh; net loss for the period: (2,141.07) lakh; EPS basic/diluted: (13.01) Rs.

• Total assets: 82,821.91 lakh; total liabilities: 66,409.57 lakh; capital employed: 16,412.33 lakh.

• Notes: Debenture moratorium on coupon payments Apr 1–Aug 31, 2026; final redemption date Sep 30, 2027.

• Power plant shutdown noted; fuel supply agreement with Mahanadi Coalfields Limited dated 12 May 2026.

Notes & items from the notes

• Three segments: Steel Division, Synthetic Division, Power; intercompany sales 16.37 lakh and elimination of (28.34) lakh in consolidation.

Financial results

• Approved unaudited standalone and consolidated results for quarter ended June 30, 2026, with Limited Review Reports.

Statutory auditors

• Recommended appointment of SRBR & Associates LLP as Statutory Auditors for five years from the 79th AGM.
• Appointment to replace retiring CNGSN & Associates LLP for five years from 79th AGM until 84th AGM (2031).

Internal auditors

• Approved Madhu Balan & Associates as Internal Auditors for six months from Oct 1, 2026, extendable to FY29-30.

Senior management changes

• Resignation of Mr. G. Nagesh (President-Operation) with effect from May 31, 2026.
• Senior management retained: CFO Shanthakumar R P; GM-Finance Uma M.
• Senior management retained: Company Secretary Parvati Soni; VP Power Plant Gudur Venkata Suresh Babu.

Director re-appointment

• Recommended re-appointment of Lalit Kumar Tulsyan as Director liable to retire by rotation.

AGM details

• 79th AGM to be held on Sep 19, 2026 via VC/OAVM.

Certificate filing status

• Certificate under Regulation 74(5) enclosed for the quarter.

🗓️ Meeting Details

• Board meeting scheduled for February 13, 2026.

📊 Financial Performance

• Approval of unaudited standalone and consolidated financial results for Q3 and nine months ended December 31, 2025.