Tricom Fruit Products reported a net loss of ₹4.34 lakh for the quarter ended June 30, 2026, marking a significant reduction from the ₹7.28 lakh loss recorded in the corresponding quarter of the previous year. The unaudited financial results were published in newspapers on August 12, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company continues to operate under the Corporate Insolvency Resolution Process (CIRP) with no active revenue-generating activities, as all property, plant, and equipment have been sold by Edelweiss Asset Reconstruction Company.

The financial statements were signed by Prakash Dattatraya Naringrekar, the Resolution Professional, and Chetan Kothari, CFO & Director. The Committee of Creditors (CoC) had previously approved these results on August 11, 2026, during its 17th meeting, which also sanctioned the convening of the 32nd Annual General Meeting (AGM) on September 30, 2026, via Video Conferencing/Other Audio Visual Means (VC/OAVM). C.S. Hetal Doshi was appointed as the scrutinizer for the remote e-voting process.

Financial Performance

The entity’s financial position is defined entirely by its discontinued agro/fruit processing segment. With no continuing operations, the reported losses stem from residual liabilities and administrative costs associated with maintaining the company as a going concern during the insolvency process.

The net loss for the quarter was attributable solely to discontinued operations, with no exceptional items or tax expenses recorded for the current period. Basic and diluted earnings per share stood at a loss of ₹0.02, compared to ₹0.04 in Q1FY26. Equity share capital remained unchanged at ₹1,909.41 lakh, while reserves decreased to (₹10,607.38) lakh from (₹10,596.33) lakh in the preceding quarter.

Operational Status and Governance

Interest on loans from CDR lenders and unsecured creditors has not been provided since April 2017 due to the cessation of operations. The Resolution Plan submitted by Mr. Vivek Kumar Ratakonda was approved by the CoC and filed with the National Company Law Tribunal (NCLT), Mumbai Bench. The Register of Members and Share Transfer Books will remain closed from September 24, 2026, to September 30, 2026, inclusive, to facilitate the AGM.

What the Numbers Show

The narrowing of the net loss from ₹7.28 lakh in Q1FY26 to ₹4.34 lakh in Q1FY27 indicates a stabilization in the costs associated with discontinued operations. With no continuing operations or revenue streams, the primary financial activity is the management of residual liabilities and administrative costs under the supervision of the Resolution Professional. This trend suggests that the winding-down process is proceeding with controlled expenditure, although the company remains insolvent with negative reserves exceeding ₹10,000 lakh.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE843F01014/bd2ca51b-8ed1-4560-a65f-7885582d8a97.pdf

Tricom Fruit Products Limited reported a net loss of ₹13.99 lakh for the year ended March 31, 2026, following the approval of its audited financial results by the Committee of Creditors on May 26, 2026. The company, which is undergoing the Corporate Insolvency Resolution Process (CIRP), has discontinued its agro and fruit processing operations. Consequently, the reported loss and financial figures pertain solely to discontinued operations, with revenue from operations recorded at nil for the period.

Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, the company published the audited financial results for the quarter and year ended March 31, 2026, in Financial Express and Navrashtra on May 27, 2026. The Resolution Professional, Prakash Dattatraya Naringrekar, approved the financial results, which were submitted to the stock exchanges under Regulation 33. The auditors, A.K. Kocchar & Associates, issued an unmodified opinion on the standalone financial results.

Financial Performance

The financial statements indicate that the company's single segment, Agro/Fruit processing, has been discontinued. For the quarter ended March 31, 2026, the net loss stood at ₹4.50 lakh, widening from a loss of ₹1.96 lakh in the preceding quarter ended December 31, 2025. The total comprehensive loss for the fiscal year FY26 was ₹13.99 lakh, an improvement compared to the loss of ₹40.05 lakh reported in the previous fiscal year ended March 31, 2025.

Assets and Liabilities

The Statement of Assets and Liabilities as of March 31, 2026, reflects the impact of the insolvency proceedings. The company's property, plant, and equipment have been sold by Edelweiss Asset Reconstruction Company, resulting in a nil balance for non-current assets. Total assets stood at ₹166.32 lakh, comprising primarily of current assets such as other financial assets and cash equivalents.

Equity showed a deficit of ₹8,693.64 lakh, driven by accumulated losses. Borrowings constituted a significant portion of liabilities, with non-current borrowings at ₹6,565.64 lakh and short-term borrowings at ₹37.44 lakh. The financial statements were prepared on a going concern basis in accordance with the requirements of the Insolvency and Bankruptcy Code, 2016, as the CIRP is currently in progress before the National Company Law Tribunal, Mumbai Bench.