Trident delivers outstanding financial results
Trident Limited which is the Flagship Company of Trident Group has vertically integrated textile and paper. It is today one of the largest players in the home textile space in India
Trident Limited has
reported its financials in which it is seen that it has experienced a two-fold
jump in its total income. The total income in Q1FY22 is Rs 14.85 billion. The
consolidated profit before tax stood at Rs 2.74 billion whereas the net profit
stood at Rs 2.06 billion.
The two major
operational business segments of the company include textiles and paper. The
revenue from the textile sector increase by 120% and reached a mark of Rs 12.87
billion in Q1FY22. This proved that the textile segment has shown tremendous
performance in Q1FY22.
Trident Limited, which is the Flagship
Company of Trident Group, has vertically integrated textile and paper. It is
today one of the largest players in the home textile space in India.
Source â€“ Dalal Street Investment Journal