Triumph International Finance India News

Triumph International Finance Clarifies Price Movement

Triumph International Finance India Ltd responds to BSE inquiry on share price movement, stating no pending material information and attributing movement to market-driven factors.

Triumph International Finance Reports Quarterly Results Amid Multiple Audit Qualifications

Triumph International Finance India Ltd reported net profit of Rs 105.44 lacs for the quarter ended September 30, 2025, though auditors raised significant concerns about Rs 67.16 crores receivable from Classic Credit Limited and unrecognized interest liability of Rs 46.76 crores to Punjab National Bank. The company faces ongoing regulatory challenges with SEBI having cancelled its stock-broker registration and NSE declaring it a defaulter, while multiple debt recovery matters remain pending.

Triumph International Finance India Reports Rs 98.33 Lacs Quarterly Profit Despite Regulatory Challenges

Triumph International Finance India Limited reported a standalone net profit of Rs 98.33 lacs for the quarter ended June 30, 2025, compared to Rs 82.78 lacs in the same quarter last year. The company's consolidated net profit was Rs 98.27 lacs. Total income reached Rs 107.81 lacs, entirely from other income as revenue from operations remained nil. The company faces significant regulatory challenges as SEBI has cancelled its stock-broker registration and NSE has declared it a defaulter with the appeal dismissed by the Supreme Court. Auditors issued qualified opinions citing concerns about the company's going concern status, doubtful debt recoveries including Rs 3.56 crores from Panther Investrade Limited, and unrecognized interest liability on a Punjab National Bank loan of Rs 46.76 crores. The company holds shares and securities worth Rs 12.09 crores in its demat account, though ownership details remain unclear. Directors faced restrictions from the Company Law Board in 2008, which were partially relaxed in 2010, with the matter still pending final disposal.