Trigyn Technologies Limited — Others, 02-06-2025: Copy of Newspaper Publication

Trigyn Technologies Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company’s core business is in communication and IT staffing support. It is executing a Rs. 160 Cr cloud-based virtual classroom project for Andhra Pradesh, with nearly Rs. 80 Cr revenue recognized but over Rs. 61 Cr in long-outstanding receivables, against which Rs. 50.31 Cr has been provided. A separate smart parking project in Nashik faces arbitration due to termination disputes, resulting in an exceptional loss of Rs. 1.17 Cr. Pending legal and tax matters remain under active management. Two subsidiaries with negative net worth are operational, supported by the holding company exploring revival options. Standalone net profit after tax was Rs. 1.37 Cr; consolidated net profit was Rs. 11.77 Cr.