Announced Wed, 13 Aug · 16:51 IST

Results - Financial Results for June 30, 2025

Going ConcernQualified OpinionResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Triumph International Finance India Ltd reported a standalone net profit of Rs 98.33 lacs for Q1 FY26, slightly higher than Rs 82.78 lacs in Q1 FY25, but the entire income of Rs 107.81 lacs came from 'other income' with zero revenue from operations. The auditor (Rawat & Associates) issued a qualified conclusion, raising serious going concern doubts because SEBI has cancelled the company's stockbroker registration, NSE has declared it a defaulter, and the Supreme Court has dismissed its appeal. The auditor also flagged a Punjab National Bank loan of around Rs 46.76 crores where interest is not being recognised, doubtful receivables of Rs 3.56 crores from Panther Investrade, and Rs 12.09 crores of unverified securities in the demat account. The company continues to carry deeply negative other equity of Rs -7,550.52 lacs and a negative debt-to-equity ratio of -1.71.

Likely market impact

This is a deeply distressed company with no operating revenue, negative shareholder equity, and a qualified audit opinion citing going concern doubts. Shareholders should view this as a high-risk situation with potential for further value erosion, as legacy legal and debt issues remain unresolved.