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Trident Ltd — Earnings Release 2025
Jan 25, 2025
59305_rns_2025-01-25_d6a94b50-4dcb-4d1d-8805-550a1c96eae7.pdf
Earnings Release
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TRIDENT/CS/2025 January 25, 2025
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National Stock Exchange of India Limited
Exchange Plaza, Plot No. C/1, G Block Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Scrip Code: TRIDENT
BSE Limited
Phiroze Jeejeebhoy Towers Dalal Street, Mumbai – 400 001 Scrip Code: 521064
Sub: Submission of Press Release
Dear Sir/ Madam,
In compliance of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith the Press Release that is being issued by the Company with respect to Financial Results for the quarter and nine months ended on December 31, 2024.
The same is also available on the website of the Company i.e. www.tridentindia.com
Thanking you
Yours faithfully, For Trident Limited SUSHIL Digitally signed by SUSHIL SHARMA SHARMA Date: 2025.01.25 14:49:02 +05'30' [Sushil Sharma] Company Secretary Membership No- F6535
Encl: As above
Disclaimer :- The details of the authorised signatories are uploaded on the official website of the Company. You may authenticate the authority of the signatory before relying upon the contents of this communication by visiting https://www.tridentindia.com/authority-matrix/ or may write to us on [email protected].
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25/01/2025
TL/2025/056733
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Trident Ltd. Reduces Consolidated Net Debt by 191 Cr; Forays into Renewable Energy for Cap�ve Power
Ludhiana, India 25[th] January 2025: Trident Limited, one of the largest ver�cally integrated Tex�le (Yarn, Bath, Bed Linen) Paper (wheat straw -based) and Chemical manufacturer announced its earnings for the quarter ended, 31[st] December, 2024.
Financial Highlights:
Total Standalone Income for Q3FY25 stood at INR 1678 Cr., while Earnings Before Interest, Deprecia�on, Tax, and Amor�za�on (EBIDTA) stood at INR 225 Cr. resul�ng in Profit A�er Tax (PAT) to INR 78 Cr. for the quarter ended, December 2024.
Commen�ng on the results, Mr. Deepak Nanda, Managing Director, Trident Ltd ., said, ‘At Trident, we're proud to reaffirm our posi�on 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 founda�on, while our investments in renewable energy, including the installa�on of 16.4MWp roo�op solar, demonstrate our dedica�on to a greener future. Further, our new Renewable Project with planned investment, solidifies Trident's posi�on at the forefront of sustainable business prac�ces, driving long-term value crea�on for our stakeholders.’
Business Performance:
Q3 FY25 Standalone Revenue for Yarn, Home Tex�le were also muted at INR 841 Cr. and INR 938 Cr. respec�vely, while Chemical and Paper business stood at INR 258 Cr., with marginal improvement.
Other Developments During the Quarter:
In pursuit of sustainability as key focus, Trident has forayed into Renewable Energy Project to have 60% 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 concre�ze, the aim of the project is to significantly reduce carbon footprint in Budhni, in alignment with the Renewal Energy Project objec�ves, and realizing the vision of a Viksit Bharat while also strictly adhering to the prac�ces that ensure sustainability.
Trident Group showcased its sustainable tex�le innova�ons at Heimtex�l, aiming to solidify its leadership in eco-friendly manufacturing through cu�ng-edge solu�ons. The company launched the Karamyogi Recruitment Drive to hire 3,000 skilled individuals, suppor�ng community development.
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Trident received mul�ple awards for HR excellence, including Best HR Prac�ce and Workforce Diversity. The Group also won the gold trophy at the TEXPROCIL Awards for its significant contribu�on to the Indian tex�les sector.
ambulances and releasing its maiden ESG Report. Trident Limited received an S&P Global CSA score of 56 out of 100, reflec�ng its sustainability efforts.
About Us:
and global player. Headquartered in Ludhiana, Punjab, Trident Limited is a ver�cally integrated tex�le (Yarn, Bath & Bed Linen) Paper (Wheat Straw-based) and Chemical manufacturer.
Trident’s yarn, bath & bedlinen and paper businesses have earned global recogni�on and are deligh�ng millions of customers across India and the world. Trident is one of the largest players in home tex�les in India.
Supplying na�onal, cap�ve, and retailer-owned brands; the organiza�on is highly decorated with awards from its customers, vendors, and various government en��es in recogni�on of advancing the highest standards in product quality, social responsibility, and environmental stewardship.
The company operates in three major business segments: Tex�le (Yarn, Bath & Bed Linen) Paper (Wheat Straw-based) and Chemical, with its manufacturing facili�es in Punjab and Madhya Pradesh.
Media & Investor Rela�ons Contact:
Jaydip Chowdhury | jaydipchowdhury@triden�ndia.com | +919878997534