Trigyn Technologies Limited — Important, 30-05-2025: Updates

Trigyn Technologies has announced a board meeting on May 30, 2025, approving the financial results for the quarter and half-year. Consolidated revenue reached ₹897 Cr, with profit before tax of ₹26.47 Cr and net profit of ₹11.77 Cr for the year. Standalone revenue was ₹153 Cr, with profit before tax of ₹6.88 Cr and net profit of ₹1.37 Cr. Challenges include legal disputes over a Nashik smart parking project (in arbitration) and ₹80 Cr of unrecognized guaranteed revenue due to collection risks. The company also provisioned ₹9.61 Cr for credit losses on overdue receivables.