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BSETrinity Tradelink LtdHighNeutral
Announced Thu, 27 Aug, 2026 · 21:03 IST

FY26 Results: Qualified Audit Opinion, Going Concern Doubt

Going-concern doubtQualified audit opinionEmphasis of matterRevenue declinedNet loss reportedRelated-party transactionsResults View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

Trinity Tradelink reported FY26 results with a net loss of Rs 57.25 lakhs versus Rs 14.99 lakhs last year. Revenue from operations was zero. The auditor issued a qualified opinion citing statutory non-compliance, incomplete records, and material uncertainty about going concern. Net worth is fully eroded with accumulated losses of about Rs 3,447.40 lakhs. Current liabilities exceed current assets by Rs 254.30 lakhs. The company has been delisted from BSE and its assets were auctioned by ICICI Bank under SARFAESI proceedings.

Likely market impact

Severe going concern risk, fully eroded net worth, delisted stock, zero revenue. Highly negative for shareholders.