Trigyn Technologies Limited — Others, 13-08-2025: Copy of Newspaper Publication

Trigyn Technologies has published its financial results for the quarter ended June 30, 2025. On a standalone basis, total income was Rs 35.41 Cr with a net loss of Rs 4.99 Cr. Consolidated total income reached Rs 224.50 Cr, resulting in a net loss of Rs 4.61 Cr. The company faces significant challenges, including Rs 61.50 Cr outstanding from the Andhra Pradesh project with a cumulative Expected Credit Loss provision of Rs 53.10 Cr. Arbitration is ongoing for the Nashik Smart City contract termination, with a favorable court order preventing bank guarantee invocation. An unrealized gain of Rs 18.73 Cr was recorded from an investment share swap. Additionally, the company is seeking RBI approval to write off Rs 509.73 Cr in old subsidiary balances.