Trident Limited , a leading integrated home textile manufacturer, has announced its financial results for the first quarter, demonstrating resilience and growth in a challenging economic environment.

Financial Highlights

• Consolidated Revenue: ₹1,727.00 crore
• EBITDA: ₹312.00 crore, up 18.12% quarter-on-quarter (QoQ) and 29.85% year-on-year (YoY)
• Net Profit: ₹140.00 crore, an increase of 4.89% QoQ and 89.39% YoY
• Free Cash Flow: ₹234.00 crore
• Net Debt reduced by ₹31.00 crore to ₹879.00 crore

Segment Performance

The textile segment, which includes yarn, bed, and bath linen, contributed 85% to the total revenue, while the paper and chemicals segment accounted for the remaining 15%.

Operational Efficiency

Trident has shown improvements in its operational metrics:

• Annualized Net Debt/EBITDA ratio improved to 0.71 from 0.95 QoQ
• Current Ratio maintained at 1.87, despite economic challenges
• Interest Coverage Ratio stood at 6.99

Management Commentary

Deepak Nanda, Managing Director of Trident Limited, commented on the results: "Amidst challenging macroeconomic conditions, our company has showcased quarter-on-quarter growth in terms of profitability. We have further strengthened our balance sheet by reducing net debt by ₹31.00 crore and sustaining our Debt Equity Ratio at 0.35."

Future Outlook

Trident is positioning itself for future growth through:

• Focus on innovative product pipelines aligned with evolving consumer preferences
• Capitalizing on positive tailwinds from recent US tariff revisions and the new FTA between India & UK
• Continued emphasis on improving volumes, value-added products, and ESG initiatives

Strategic Growth Plans

In addition to the quarterly results, Trident has set an ambitious revenue target of ₹10,000.00 crore. The company plans to achieve this through:

1. Strategic focus on premium home textiles
2. Expansion of online sales
3. Global branding initiatives
4. Leveraging artificial intelligence
5. Capitalizing on ESG advantages
6. Enhancing export growth to improve long-term profit margins

The company's multi-pronged approach aims to solidify its position in the home textiles market while embracing digital transformation and sustainability.

Trident Limited continues to demonstrate its ability to navigate market challenges while pursuing growth opportunities. With a strong focus on innovation, operational efficiency, and strategic expansion, the company appears well-positioned to achieve its ambitious revenue targets and maintain its leadership in the integrated home textile manufacturing sector.

Trident Limited , a leading player in the Indian textile industry, has reported strong financial results for the first quarter, coinciding with a broader rally in the textile sector following the India-UK Free Trade Agreement.

Q1 Financial Highlights

Trident Limited's unaudited consolidated financial results for the quarter showcase a solid performance:

• Revenue from operations stood at INR 17,068.90 crore, compared to INR 17,427.10 crore in the same quarter last year.
• Net profit after tax increased to INR 1,399.60 crore, up from INR 738.90 crore in the previous year's corresponding quarter, marking a significant year-on-year growth of 89.40%.
• Earnings per share (EPS) improved to INR 0.27, compared to INR 0.15 in the corresponding quarter of the previous year.

Segment-wise Performance

The company's segment-wise revenue for the quarter is as follows:

India-UK FTA Impact on Textile Sector

The announcement of the India-UK Free Trade Agreement has had a positive impact on the Indian textile sector, including Trident Limited. Key points of the agreement include:

• Elimination of 10-12% tariffs on Indian textile and apparel exports to the UK.
• Removal of duties that previously disadvantaged Indian exporters compared to competitors from Bangladesh, Pakistan, and Cambodia.
• The textile sector covers 1,143 tariff lines under the zero-duty arrangement, representing 11.70% of the agreement's scope.

Market Response and Future Outlook

• Indian textile stocks, including Trident, have seen significant gains, with some stocks surging up to 6%.
• The FTA is projected to boost bilateral trade from $60 billion to $120 billion by 2030.
• Analysts project that Indian textile exports to the UK could double over the next five to six years with an anticipated 11% CAGR.
• India expects to capture at least 5% additional UK market share within one to two years.

Corporate Updates

• The Board of Directors has declared and paid an interim dividend of 50% (INR 0.50 per Equity Share of INR 1 each) for the quarter.
• Trident Limited has approved raising funds not exceeding INR 500 crore through the issue of Non-Convertible Debentures, subject to shareholder approval.
• The company divested its entire shareholding in Trident Home Textiles Limited, a wholly-owned subsidiary, to Lotus Home Textiles Limited for INR 10.69 crore on June 17, 2025.

Trident Limited's strong quarterly performance, coupled with the positive impact of the India-UK FTA on the textile sector, positions the company well for continued growth in the coming quarters. The elimination of tariffs and the potential for increased market share in the UK present significant opportunities for Trident and other Indian textile exporters.