We wish to inform you that the Board of Directors of the Company at its meeting held today i.e. Friday, 8th August, 2025, has, inter alia, considered and approved the unaudited standalone ....
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The Board of Directors of Trustwave Securities Limited, at its meeting held on 8th August 2025, approved the unaudited standalone financial results for the quarter ended 30th June 2025. The company, which operates in the advisory business, reported total revenue of just Rs 0.05 lakh (essentially nil operating revenue, same as prior periods). Total expenses stood at Rs 5.28 lakh, dominated by listing fees of Rs 3.80 lakh and professional fees of Rs 0.75 lakh. The company posted a net loss of Rs 5.23 lakh for the quarter, a marginal improvement from the Rs 5.63 lakh loss reported in Q1 FY25. The statutory auditor (Vinod S. Mehta & Co.) issued an unqualified limited review report with no qualifications or observations.
For shareholders, this is a continuation of the company's loss-making streak with virtually no operating revenue — the entity appears to be incurring only compliance and overhead costs. Loss narrowed slightly year-on-year, but the business remains non-operational at scale, suggesting limited near-term value creation for equity holders.