India, January 2025: One of the biggest vertically integrated manufacturers of textiles (yarn, bath, and bed linen), paper (made from wheat straw), and chemicals, Trident Limited, released its financial results for the quarter that concluded on December 31, 2024.
Financial Highlights:
Profit after tax (PAT) for the quarter ending December 2024 was INR 78 Cr., with total standalone income for Q3FY25 being INR 1678 Cr. and earnings before interest, depreciation, tax, and amortization (EBIDTA) being INR 225 Cr.
Commenting on the results, Mr. Deepak Nanda, Managing Director, Trident Ltd., said, ‘At Trident, we’re proud to reaffirm our position as a leader in sustainable manufacturing. This quarter’s achievements showcase our unwavering commitment to environmental stewardship and fiscal responsibility. By reducing our consolidated debt by 191Cr., we’ve strengthened our financial foundation, while our investments in renewable energy, including the installation of 16.4MWp rooftop solar, demonstrate our dedication to a greener future. Further, our new Renewable Project with planned investment, solidifies Trident’s position at the forefront of sustainable business practices, driving long-term value creation for our stakeholders.’
Business Performance:
Yarn and home textiles’ Q3 FY25 standalone revenues were likewise modest at INR 841 Cr and INR 938 Cr, respectively, while the chemical and paper industries saw a slight increase to INR 258 Cr.
Other Developments During the Quarter:
Trident has ventured into a Renewable Energy Project to have 60% of a plant’s power provided by renewable energy sources and has proposed to put up solar and wind energy plants at Budhni unit in Madhya Pradesh as part of its efforts to make sustainability a top priority.
Although the agreement’s specifics are still being finalized, the project’s goal is to drastically lower Budhni’s carbon footprint in accordance with the goals of the Renewal Energy Project and to realize the vision of a Viksit Bharat while rigorously following sustainable practices.
In an effort to maintain its position as a leader in environmentally responsible production, Trident Group demonstrated its sustainable textile technologies at Heimtextil. In order to encourage neighborhood development, the corporation started the Karamyogi Recruitment Drive, which aimed to hire 3,000 talented workers.
Trident won numerous accolades for HR excellence, including Workforce Diversity and Best HR Practice. The Group’s noteworthy contribution to the Indian textile industry earned it the gold prize at the TEXPROCIL Awards as well.
With the introduction of four ambulances and the publication of its first ESG Report, the company reinforced its commitment to Corporate Social Responsibility. Trident Limited’s sustainability efforts were reflected in its S&P Global CSA score of 56 out of 100.
About Us:
Trident Group, an international commercial conglomerate based in India, has Trident Limited as its flagship company. Trident Limited is a vertically integrated textile (yarn, bath, and bed linen), paper (made from wheat straw), and chemical manufacturer with its headquarters located in Ludhiana, Punjab.
Millions of clients in India and around the world are delighted by Trident’s yarn, bath & bed linen, and paper companies, which have gained international renown. One of the biggest companies in India’s home textile market is Trident.
The company, which supplies national, captive, and retailer-owned brands, has received numerous accolades from its clients, suppliers, and government agencies for upholding the highest levels of environmental stewardship, social responsibility, and product quality.
With production plants in Punjab and Madhya Pradesh, the company works in three main business segments: textile (yarn, bath, and bed linen), paper (based on wheat straw), and chemicals.
