Trident Ltd on Wednesday released its fiscal fourth quarter earnings report with profit at Rs 133.42 crore, posting a jump of 126.10 per cent in comparison to Rs 59.01 crore recorded during the corresponding quarter of FY24. Post this, shares of Trident surged 13.49 per cent at 3:10 pm to a trading price of Rs 33.41.
The company that produces yarn, chemicals, textiles and paper, reported Q4 revenue at Rs 1864.34 crore, up 10.82 per cent as against Rs 1682.26 crore recorded during the fourth quarter of previous financial year. The company EBITDA was up 19.3 per cent on-year at Rs 245 crore and margin for the quarter stood at 13.14 per cent.
Per the company’s balance sheet, Trident’s profitability was driven by a sharp reduction in its finance cost to Rs 2.60 crore, down from Rs 49.08 crore reported during the same quarter last year.
While the revenue for the yarn segment remained stable YoY at Rs 908.28 crore, towel segment witnessed a growth in revenue to Rs 752.86 crore. Bedsheets category, meanwhile, recorded Q4 revenue at Rs 315.14 crore and paper and chemicals revenue came in at Rs 268.39 crore.
The company board also recommended the first Interim Dividend of Rs 0.50 per fully paid up equity share of Re 1 each (@50 per cent per equity share) for the Financial Year 2025-26. “Tuesday, May 27, 2025, is being fixed as ‘Record Date’ for taking record of the equity shareholders of the Company. The said Interim Dividend will be credited to the equity shareholders as per the prescribed statutory timelines,” it said in a regulatory filing.