Financial Results

Trident Ltd Net Profit Drops Sharply By 54.8% In Q4FY’24

Textile Insights May 22, 2024

In the fourth fiscal quarter ending March 31, 2024, net profit at Ludhiana based Trident Ltd dropped sharply by 54.8 percent over the same quarter in the previous fiscal to Rs 59 crore. However, revenue increased 6.9 percent from a year ago quarter in the Rajinder Gupta led textiles

Corporates

Trident Group Celebrating Mission Day in Honour of Workforce

Textile Insights April 16, 2024

The Trident Group with a mission to fostering an inclusive and empowering workplace for its employees commemorated its foundational milestone, Mission Day on April 15 in Sanghera and on April 18 in Budhni. “Mission Day holds a special place in Trident’s calendar as it serves as a moment to recognise and appreciate the relentless dedication […]

Corporates

Samir Joshipura Returns To Trident Group As Group CEO

Textile Insights February 24, 2024

Samir Joshipura has returned to the Trident Group and has been named the as its Group Chief Executive Officer (CEO). “With over 25 years of experience in strategy formulation and business transformation across various sectors, Joshipura brings a wealth of expertise to his new role,” the Ludhiana based company said. Prior to rejoining Trident Group, […]

Economy

Trident Exhibits At Market Week With Theme Of ‘Passage To India’

Textile Insights February 9, 2024

Trident Group displayed its bed and bath home textile collections under the theme ‘Passage to India’ at the ongoing Market Week in New York, USA. Inspired by the rich heritage and culture of India, this collection is a specially curated platter of distinctively unique and alluring designs comprising the best of both worlds, bed & […]

Industry

Trident Shares Deliver Phenomenal Returns Over 10 Years

Textile Insights January 10, 2024

Shares of Trident Ltd have delivered phenomenal returns of 3,600 percent to investors over the last 10 years. “If an investor had purchased Rs 10,000 worth of Trident stock 10 years ago and held onto it, the investment would now be worth almost Rs 4 lakh,” an analysis by ET Markets informed. According to the […]

Corporates

Trident Investing Rs 1,450 Crores In Enhancing Capacity

Textile Insights December 14, 2023

Trident Ltd will invest an ambitious Rs. 1,450 crores for capacity expansion across its spinning, bath linen and chemical businesses. The Rajinder Gupta led company plans to add around 100,000 spindles and 42 looms at a cost of Rs. 1,350 crores, while Rs. 100 crores will be spent on expanding the chemicals business. Currently, the […]

Corporates

Trident Ltd Expands Sheeting Business And Hikes Power Generation Capacity

Textile Insights October 1, 2023

Trident Ltd has successfully expanded its sheeting business and co-gen power plant in Budhni, Madhya Pradesh, as of September 27, 2023. This expansion marks a strategic move that enhances Trident Ltd’s capabilities in both sheeting production and power generation. Sheeting Business Capacity Boosted Trident Ltd has substantially increased its sheeting business