TRF Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
TRF · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 6.1 pts less than Nifty Microcap 250 and 5.6 pts less than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
TRF Limited reported audited standalone results for FY2026 with revenue from operations declining 29.5% to Rs 8,503.22 lakhs from Rs 12,073.48 lakhs in FY2025. Net profit dropped 92% to Rs 211.05 lakhs from Rs 2,762.70 lakhs. Q4 FY2026 standalone showed a loss of Rs 630.24 lakhs versus profit of Rs 688.55 lakhs in Q4 FY2025. Consolidated results showed an even worse picture with net loss of Rs 447 lakhs versus profit of Rs 2,579.19 lakhs. The company had exceptional items including Rs 1,130.95 lakhs employee separation compensation and Rs 575.47 lakhs related to capital reduction of subsidiary. Price Waterhouse & Co Chartered Accountants issued unmodified audit opinions on both standalone and consolidated results. The Board also approved voluntary liquidation of TRF Singapore Pte Ltd and TRF Holdings Pte Ltd subsidiaries.
The stock faces pressure due to severe revenue contraction and profit decline. The 30% revenue fall and near-complete wipeout of profitability are concerning. Liquidation of Singapore subsidiaries may have some one-time impacts. Positive is the unmodified audit opinion providing clean reporting.