ZR2 Bioenergy Limited has announced the approval of its unaudited financial results for the first quarter of the financial year 2026-27, ending June 30, 2026. The board meeting, held on August 14, 2026, considered and approved both standalone and consolidated results. The company also noted that the trading window for designated persons will reopen 48 hours after the declaration of audited financial results.
Board Approves First Quarter Financials
ZR2 Bioenergy Limited (formerly known as Gujchem Distillers India Limited) convened its Board of Directors meeting on Friday, August 14, 2026. During this meeting, the Board inter-alia considered and approved the unaudited financial results for the quarter ended June 30, 2026. This approval encompasses both standalone and consolidated financial statements.
Key Financial Highlights and Attachments
In conjunction with the board approval, the company has enclosed the aforementioned unaudited financial results (Standalone and Consolidated) for the quarter ended June 30, 2026, along with the Limited Review Report for the same period. The meeting, which commenced at 15:00 a.m., concluded at 22:10 p.m.
Trading Window Information
Furthermore, the company stated that the trading window for all Designated Persons of ZR2 Bioenergy Limited will be opened approximately 48 hours after the declaration of the Audited financial results of the Company.
Standalone Financial Performance (Quarter Ended June 30, 2026)
For the quarter ended June 30, 2026, the standalone financials indicate a Total Income of 41.63 Lakhs. Total expenses amounted to 19.83 Lakhs, leading to a Profit before tax of 21.81 Lakhs. After accounting for tax expenses (a credit of 0.20 Lakhs), the Profit for the period stands at 22.01 Lakhs. The Total comprehensive income is also reported as 22.01 Lakhs. The basic earnings per share (EPS) for the quarter is 0.62, with diluted EPS at 0.14.
Consolidated Financial Performance (Quarter Ended June 30, 2026)
On a consolidated basis for the quarter ended June 30, 2026, the Total Income was 41.63 Lakhs. Total expenses were recorded at 19.82 Lakhs, resulting in a Profit before tax of 21.81 Lakhs. After a tax expense credit of 0.20 Lakhs, the consolidated Profit for the period is 22.01 Lakhs, matching the total comprehensive income. The consolidated basic earnings per share (EPS) is 0.62, and diluted EPS is 0.14.
Auditors’ Review Conclusion
Bagaria & Co LLP, Chartered Accountants, provided a limited review report. Their conclusion states that based on their review, nothing has come to their attention that suggests the accompanying standalone and consolidated financial statements, prepared in accordance with the Indian Accounting Standard 34 and other accepted accounting principles, are not free of material misstatement and adequately disclose required information.
Company’s Strategic Transition
The company is undergoing a strategic transition, focusing on bioenergy and agri-commodities. This includes the acquisition of an operational ethanol plant and diversification into trading food grains, DDGs, biomass, dairy commodities, renewable energy, and a premium peanut butter brand. These initiatives are in advanced stages, with agreements and regulatory approvals progressing, supporting the company’s preparation for imminent launch and its operation on a Going Concern basis.
Source: BSE
