Trinity League India Limited reported a standalone net loss of ₹5.88 lakh for the first quarter of FY27 (ended June 30, 2026), narrowing by 24.5% from the ₹7.79 lakh loss posted in the corresponding quarter of FY26. The company continued to record nil revenue from operations, marking its second consecutive quarter without operational sales following a similar pattern in Q4FY26.

Total income for the quarter stood at ₹4.78 lakh, derived entirely from other income, up from ₹4.10 lakh in Q1FY25. This was insufficient to cover total expenses of ₹10.66 lakh, which included employee costs of ₹6.20 lakh and other expenses of ₹3.78 lakh. Depreciation and amortization expenses declined to ₹0.68 lakh from ₹0.98 lakh in the prior year period.

Financial Performance

The consolidated results mirrored the standalone figures, with no contribution from the associate company, Agrotech Risk Private Limited, due to its negative net worth. Earnings per share (basic and diluted) were negative ₹0.07, compared to negative ₹0.10 in Q1FY25.

What the Numbers Show

The absence of operational revenue highlights a continued lack of core business activity. With total income reliant solely on other income—constituting 100% of total inflows—the company’s financial position remains dependent on non-operational sources. The reduction in net loss was driven by a decline in total expenses rather than any improvement in top-line generation.

The Board of Directors approved the unaudited standalone and consolidated financial results on August 13, 2026. S.K. Mehta & Co., the statutory auditors, issued a limited review report stating that nothing came to their attention to cause them to believe the statements contained material misstatements. Deferred tax assets were not created on losses and deductible expenditures as a matter of prudence.

Trinity League India narrowed its net loss to ₹15.52 lacs for the financial year ended March 31, 2026, from ₹29.64 lacs in the previous year. The company's board approved the audited standalone and consolidated financial results at a meeting held on May 29, 2026. Revenue from operations for FY26 stood at ₹18.01 lacs, a decrease from ₹26.60 lacs in FY25, while total income declined to ₹35.92 lacs from ₹47.74 lacs.

For the quarter ended March 31, 2026, the company posted a net profit of ₹7.73 lacs, compared to ₹20.65 lacs in the corresponding quarter of the previous year. The statutory auditor, M/s S.K. Mehta & Co., issued an unmodified opinion on the standalone and consolidated financial results. The report noted that deferred tax assets were not created on losses and other deductible expenditures for the quarter and year ended March 31, 2026, considering prudence.

Financial Performance

The board ratified the appointment of M/s Gaurav Ashwani & Associates as Company Secretaries for the financial year ended March 31, 2027, and re-appointed M/s K P O & Associates as Internal Auditors for the financial year ended March 31, 2026. The trading window closure will end 48 hours after the results were made public on May 29, 2026.

Auditor's Report

M/s S.K. Mehta & Co., Chartered Accountants, stated that the financial results give a true and fair view in conformity with Indian Accounting Standards. The company operates in a single segment. The consolidated results include the financials of associate M/s Agrotech Risk Private Limited, where the share of profit or loss was not recognized in the current financial year due to the associate's negative net worth.