Trigyn Technologies Limited — Board Meeting, 13-11-2024: Outcome of Board Meeting

The Board of Directors of Trigyn Technologies Limited has announced a board meeting outcome, approving the standalone and consolidated financial results for the second quarter and half-year ending September 30, 2024. The consolidated total income for the quarter stood at ₹212.63 crore, while the profit after tax was ₹3.63 crore. The company reported a revenue drop compared to the previous quarter, raising concerns about collections and future revenue recognition from significant contracts. Additionally, a loss of ₹1.17 crore was recorded due to obsolete asset sales.