Net sales/income was at Rs 59.67 crore, down from the previous Rs 66.35 crore.
TRF officials said, the next quarter was expected to be better due to the order book position.
Recently, TRF won its largest ever order worth Rs 413.85 crore from Damodar Valley Corporation.
The order is for design, engineering, manufacture, supply, erection, testing and commissioning of coal handling plant on a turnkey basis for 2X600 Mw Raghunathpur power project (Phase I), West Bengal.