Trinity League India Limited posted a standalone net loss of ₹5.88 lakh for the first quarter of FY27 (ended June 30, 2026), representing a 24.5% improvement from the ₹7.79 lakh loss recorded in Q1FY26. 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.
The reduction in net loss was primarily driven by expense management rather than revenue generation, with total expenses decreasing by 10.3% to ₹10.66 lakh from ₹11.89 lakh in the prior year period. Employee costs were reduced to ₹6.20 lakh from ₹7.10 lakh, while other expenses declined to ₹3.78 lakh from ₹4.79 lakh. Depreciation and amortization expenses also decreased to ₹0.68 lakh from ₹0.98 lakh in the prior year period. The company's earnings per share (basic and diluted) were negative ₹0.07, compared to negative ₹0.10 in Q1FY25, indicating improved per-share performance despite the overall loss.
As reported by Trinity League India Limited, there were no sales reported in the quarter ended June 30, 2026, which was consistent with the nil sales recorded during the same quarter of the previous financial year. This absence of revenue generation across both quarters indicates the company's continued operational challenges and lack of core business activity. The company's financial position remains dependent on non-operational sources, with other income constituting 100% of total inflows during the quarter.
The consolidated results mirrored the standalone figures, with no contribution from the associate company, Agrotech Risk Private Limited, due to its negative net worth. 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.
