Trigyn Technologies' Q1 FY 2025-26 Quarter Results

Result Summary

• Trigyn Technologies Ltd reported a 32.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 7.4%.
• Its expenses for the quarter were down by 28.5% QoQ and 3.0% YoY.
• The net profit decreased 124.3% QoQ and decreased 160.6% YoY.
• The earnings per share (EPS) of Trigyn Technologies Ltd declined at 1.5 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Trigyn Technologies Ltd is a company operating within the Information Technology sector. The company provides a range of IT services, including software development, consulting, and systems integration. It serves various industries by delivering tailored technology solutions to enhance operational efficiency and competitiveness. Trigyn Technologies is known for its professional expertise in managing large-scale IT projects and providing innovative solutions to its clients. Any recent major developments in the company, such as acquisitions, mergers, or significant partnerships, are not available in the provided data.

Revenue

In the first quarter of the fiscal year 2026 (Q1FY26), Trigyn Technologies Ltd reported a total income of ₹228.94 crores. This reflects a decrease in total income from the previous quarter (Q4FY25), which was ₹337.40 crores, resulting in a quarter-over-quarter (QoQ) decline of 32.1%. Compared to the same quarter in the previous fiscal year (Q1FY25), where the total income was ₹247.19 crores, there is a year-over-year (YoY) decline of 7.4%. These figures indicate fluctuations in the company's revenue generation over the specified periods.

Profitability

The profitability of Trigyn Technologies Ltd in Q1FY26 experienced a significant downturn. The profit before tax (PBT) was ₹0.72 crores, down from ₹18.02 crores in Q4FY25, marking a 96.0% QoQ decrease. When compared to Q1FY25, where PBT was ₹11.86 crores, there was a 93.9% YoY decline. The tax expense for Q1FY26 stood at ₹5.17 crores, compared to a tax credit of ₹0.96 crores in the previous quarter and a tax expense of ₹4.25 crores in Q1FY25, illustrating a substantial shift in tax liability with a 21.6% YoY increase. The profit after tax (PAT) for Q1FY26 was a loss of ₹4.61 crores, contrasting with a profit of ₹18.98 crores in Q4FY25, and ₹7.61 crores in Q1FY25, resulting in a 124.3% QoQ and 160.6% YoY decline. Earnings per share (EPS) followed a similar trend, with a loss of ₹1.50 in Q1FY26, compared to ₹6.20 in Q4FY25 and ₹2.50 in Q1FY25, showing a 124.2% QoQ and 160.0% YoY decrease.

Operating Metrics

The financial data for Trigyn Technologies Ltd indicates that total expenses in Q1FY26 were ₹228.23 crores, down from ₹319.38 crores in Q4FY25, marking a 28.5% QoQ decrease. Compared to Q1FY25, where expenses were ₹235.33 crores, this represents a 3.0% YoY decrease. These changes in expenses, along with the revenue figures, have implications for the company's operating efficiency and cost management. The data illustrates variability in financial performance metrics over time, without providing details on specific operational strategies or adjustments made by the company.