TruAlt Bioenergy Limited, India’s largest ethanol producer by installed capacity has reported over a 12-fold growth in its profit after tax for the June quarter on higher revenues.The company reported a PAT of ₹59.27 crore for Q1FY27 over same period last year’s ₹4.73 crore. Revenues for the quarter were up 96 per cent at ₹641.41 crore against corresponding last quarter’s ₹326.63 crore.The performance reflects the successful integration of the Company’s dual-feed ethanol platform and the continued execution of its integrated bioenergy strategy, TruAlt said in a statement.TruAlt’s installed ethanol capacity increased by 43 per cent from 1,400 KLPD in Q1 FY26 to 2,000 KLPD in Q1 FY27, with approximately 1,300 KLPD (65%) now operating on dual-feed technology.TruAlt currently operates seven retail fuel outlets, with further expansion planned under its phased strategy to establish a network of 100 outlets.“Q1 FY27 marks an important milestone for TruAlt Bioenergy as we report our first year-on-year first-quarter performance as a listed company. I am delighted to share that the Company has delivered a strong financial and operational performance and we are now beginning to see the benefits of the strategic investments we have made over the past year, particularly our transition from a mono-feed ethanol manufacturing platform to a dual-feed platform. This transformation has given us the flexibility to produce ethanol from both sugar-based feedstocks and grains (unfit for human consumption), enabling near year-round operations while creating a more resilient, efficient and profitable business,” said Vijay Nirani, Managing Director, TruAlt Bioenergy Ltd.“Our current capacity utilisation stands at 60.57 per cent, which gives us significant room to grow using our existing assets. Our immediate focus is on increasing our gross capacity utilisation, improving operational efficiencies and driving higher production from our existing manufacturing platform. We believe this will support sustainable growth, improve profitability and generate stronger returns over the coming years,” he added.“We also made good progress across our other business verticals during the quarter. Our CBG projects with Sumitomo Corporation and GAIL (India) Limited continue to progress well, while our proposed Sustainable Aviation Fuel (SAF) project is moving forward steadily. In our downstream fuel retail business, we adopted a disciplined approach to expansion in view of the heightened geopolitical tensions in West Asia and the resulting volatility in crude oil markets, prioritising long-term value creation over rapid expansion,” Nirani added.Published on July 28, 2026