The company announced unaudited earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, the company reported revenue from operations of INR 80.3023 million against INR 58.4141 million a year ago. Profit before exceptional items was INR 0.0526 million against INR 0.6967 million a year ago. Profit before tax was INR 0.0526 million against INR 0.6967 million a year ago. Profit for the period was INR 0.0366 million against INR 0.3888 million a year ago. Basic and diluted earnings per share were INR 0.003 against INR 0.033 a year ago.

For the nine months, the company reported revenue from operations of INR 209.9361 million against INR 165.2385 million a year ago. Profit before exceptional items was INR 5.1575 million against INR 2.4931 million a year ago. Profit before tax was INR 5.1575 million against INR 2.4931 million a year ago. Profit for the period was INR 3.5415 million against INR 1.5811 million a year ago. Basic and diluted earnings per share were INR 0.304 against INR 0.136 a year ago.

The board of directors of Trio Mercantile & Trading Limited at its meeting considered and approved the appointment of Mr. Nehul Chheda as an additional (independent) director of the company with effect from February 12, 2018; appointed of Mr. Deepak Mehta as an Additional Director of the Company with effect from February 12, 2018 and appointed Mr. Deepak Mehta as an executive director of the company with effect from February 12, 2018. The board also approved the resignation of Mr. Jaymin Modi as an independent director of the company with effect from February 12, 2018.