Trident Ltd Reports 19.1% Profit Drop In Q1FY25

Trident Ltd., reported a 19.1% decline in its consolidated profit after tax, totaling Rs. 73.89 crore for the first quarter of FY25. This is down from Rs. 91.34 crore in the same quarter last year, according to a regulatory filing.

Despite the drop in profit, the company’s revenue from operations increased by 16.66% to Rs. 1,742.71 crore in the June quarter, compared to Rs. 1,493.71 crore a year ago. Total expenses for the quarter rose by 19.7% to Rs. 1,655.59 crore.

Revenue breakdown for the quarter includes Rs. 960.70 crore from the Yarn business, Rs. 615.34 crore from the Towel business, Rs. 357.84 crore from Bedsheets, and Rs. 248.38 crore from Paper and Chemicals. Total income for the quarter stood at Rs. 1,757.58 crore, up 16.77% from Rs. 1,505.08 crore a year earlier.