Trident reduces consolidated net debt by Rs 1.91 bn and enters renewable energy for captive power
Total Standalone Income for Q3FY25 stood at Rs 16.78 billion (bn), while Earnings Before Interest, Depreciation, Tax, and Amortisation (EBIDTA) stood at Rs 2.25 bn resulting in Profit After Tax (PAT) to Rs 780 bn for the quarter ended, December 2024.
Trident, one of the largest vertically integrated textile (yarn, bath, bed linen) paper (wheat straw -based) and chemical manufacturer announced its earnings for the quarter ended, 31st December, 2024.
Total Standalone Income for Q3FY25 stood at Rs 16.78 billion (bn), while Earnings Before Interest, Depreciation, Tax, and Amortisation (EBIDTA) stood at Rs 2.25 bn resulting in Profit After Tax (PAT) to Rs 780 bn for the quarter ended, December 2024.
Commenting on the results, Deepak Nanda, Managing Director, Trident, 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 Rs 1.91 bn, we’ve strengthened our financial foundation, while our investments in renewable energy, including the installation of 16.4 MWp 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
Q3 FY25 Standalone Revenue for Yarn, Home Textile were also muted at Rs 8.41 bn and Rs 9.38 bn respectively, while chemical and Paper business stood at Rs 2.58 bn, with marginal improvement.
Other developments during the quarter
In pursuit of sustainability as key focus, Trident has forayed intoRenewable Energy Project to have 60 per cent of a plant’s power supplied by renewable energy sources and proposed to set up solar and wind energy plants of Budhni unit in Madhya Pradesh.
While the contours of the agreement are yet to concretise, the aim of the project is to significantly reduce carbon footprint in Budhni, in alignment with the Renewal Energy Project objectives, and realising the vision of a Viksit Bharat while also strictly adhering to the practices that ensure sustainability.
Trident Group showcased its sustainable textile innovations at Heimtextil, aiming to solidify its leadership in eco-friendly manufacturing through cutting-edge solutions. The company launched the Karamyogi Recruitment Drive to hire 3,000 skilled individuals, supporting community development.
Trident received multiple awards for HR excellence, including Best HR Practice and Workforce Diversity. The Group also won the gold trophy at the TEXPROCIL Awards for its significant contribution to the Indian textiles sector.
The company reaffirmed its commitment to Corporate Social Responsibility by launching four ambulances and releasing its maiden ESG Report. Trident received an S&P Global CSA score of 56 out of 100, reflecting its sustainability efforts.
About us
Trident is the flagship company of Trident Group, an Indian business conglomerate and global player. Headquartered in Ludhiana, Punjab, Trident is a vertically integrated textile (yarn, bath & bed linen) paper (wheat straw-based) and chemical manufacturer.
Trident’s yarn, bath & bedlinen and paper businesses have earned global recognition and are delighting millions of customers across India and the world. Trident is one of the largest players in home textiles in India.
Supplying national, captive, and retailer-owned brands; the organisation is highly decorated with awards from its customers, vendors, and various government entities in recognition of advancing the highest standards in product quality, social responsibility, and environmental stewardship.
The company operates in three major business segments: Textile (yarn, bath & bed linen) paper (wheat straw-based) and chemical, with its manufacturing facilities in Punjab and Madhya Pradesh.
