Trescon Limited will hold its 31st Annual General Meeting on Monday, September 28, 2026. The session is scheduled to begin at 4:00 pm and will be conducted through Video Conferencing or Other Audio Visual Means.

The company published newspaper advertisements in the Financial Express and Mumbai Lakshadeep on September 8, 2026, to inform shareholders of the upcoming event. This disclosure aligns with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details

Mandar Chavan, Company Secretary, signed the communication addressed to BSE Limited. The notice confirms that the meeting will transact businesses as set out in the official Notice of the AGM.

Trescon Limited reported a significant turnaround in profitability for the first quarter of FY27, with standalone net profit rising to ₹22.1 crore compared to ₹3.5 crore in the corresponding period of the previous year. The Mumbai-based company also posted consolidated net profit of ₹12.5 crore, reversing a loss of ₹1.7 crore recorded in Q1FY26.

The results reflect a robust top-line expansion, with standalone total revenue climbing 238% year-on-year to ₹184.4 crore, up from ₹54.5 crore in Q1FY26. On a consolidated basis, revenue grew 99% to ₹156.7 crore against ₹50.2 crore in the prior year. The company’s earnings per share (basic and diluted) improved to ₹0.31 per share on a standalone basis and ₹0.18 per share on a consolidated basis, compared to ₹0.05 and nil respectively in the previous year.

Quarterly Performance

The quarter marked a distinct shift from the immediately preceding period, where the company had posted a standalone loss of ₹9.6 crore. This sequential improvement underscores a stabilization in operational margins despite a moderate increase in total expenses.

On a standalone basis, total expenses rose marginally by 2% quarter-on-quarter to ₹153.7 crore, while revenue increased by 13% to ₹184.4 crore. This divergence allowed pre-tax profits to expand from a deficit of ₹8.4 crore in Q4FY26 to a surplus of ₹31.0 crore in Q1FY27.

What the Numbers Show

A key observation from the filing is the disparity between standalone and consolidated tax outcomes. While the standalone entity reported no additional tax impact—resulting in post-tax profit equal to pre-tax profit—the consolidated structure incurred significant tax provisions or adjustments. Consolidated pre-tax profit was ₹20.0 crore, but post-tax profit was only ₹12.5 crore. This indicates that approximately 37% of the pre-tax operating income was absorbed by tax liabilities at the group level, contrasting with the zero-tax effective rate seen in the standalone figures for the quarter.

The Board of Directors, chaired by Managing Director Dinesh Patel, approved the unaudited financial results during a meeting held on August 11, 2026. The results were published in Financial Express and Mumbai Lakshadeep on August 13, 2026, pursuant to Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.