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Trigyn Technologies Ltd announces Q2, H1 FY19 results

Posted On: 2018-11-07 15:13:24

Trigyn Technologies Limited for the half year ended on September 30, 2018 on consolidated basis has achieved substantial growth of 22% with a turnover of Rs. 401 Crs. as against Rs. 329 Crs. in the previous year. Total Expenses increased by 22% as during the current period it was Rs. 363 Crs. as against Rs. 298 Crs. in the previous. The noteworthy growth of 31% was recorded in Earnings after tax for the first half of current financial & stood at Rs. 26 Crs. as against Rs. 20 Crs. in the previous year for the same period.

With respect to half year ended on September 30, 2018 on standalone basis significant growth of 66% on YOY was recorded in HY-1 of FY-19 vs HY-1 of FY-18. Total revenue stood at Rs. 44 Crs. in the first half of the current financial year against Rs. 27 Crs. for the same period of the previous financial year. For HY-1 of the FY 2018-19 Earnings after tax turned positive as compared to the previous year with three folds growth. The key contribution of this growth was due to a "milestone I" billing of APSFL virtual classes and incremental billing of Axis.

Shares of TRIGYN TECHNOLOGIES LTD. was last trading in BSE at Rs.99.25 as compared to the previous close of Rs. 95.25. The total number of shares traded during the day was 175042 in over 2881 trades.

The stock hit an intraday high of Rs. 108.8 and intraday low of 97.5. The net turnover during the day was Rs. 18200372.


Source: Equity Bulls

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