Pursuant to Regulation 30 & 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we hereby inform that the Board of directors of the Company at their meeting ....
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Triton Corp Limited's Board approved unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025). The company has no revenue from operations; total income came entirely from other income of Rs. 35.56 lakhs (standalone) versus just Rs. 0.26 lakhs in Q1 FY25. The company swung back to a standalone profit after tax of Rs. 17.29 lakhs, compared with a loss of Rs. 10.15 lakhs in the same quarter last year. Consolidated PAT also turned positive at Rs. 17.23 lakhs vs a loss of Rs. 10.23 lakhs. Separately, the company acquired land in Village Sangoli, Morena, Madhya Pradesh, to set up a biofuel plant, with four officials authorised to oversee the project. The auditor issued a limited review report that flagged the company's non-application of Ind AS 116 (Leases) in standalone financials as a noted exception.
Return to profitability and zero-debt structure are positives but are off a very small base with no core operating revenue, so investors should watch for actual biofuel plant execution and revenue generation. The foray into biofuels signals a strategic diversification but carries execution and capex risks going forward.