Trident Limited (NSE: TRIDENT) witnessed significant trading activity on the National Stock Exchange (NSE) as a block deal involving approximately 3,119,677 shares was executed. The transaction, valued at Rs 10.23 crore, took place at the market opening with shares trading at Rs 32.79 per share.

Block Deal Details

The block trade, which involves a large number of shares being bought or sold in a single transaction, often indicates a change in ownership among institutional investors or large shareholders. While the identities of the buyers and sellers in this particular deal were not disclosed, such transactions can sometimes signal shifts in investor sentiment or strategic moves by major stakeholders.

Recent Corporate Developments

In related news, Trident Limited recently held a board meeting on July 24, where several key decisions were made:

1. Financial Results: The board approved the unaudited financial results for the quarter ended June 30, for both standalone and consolidated operations.

2. Fundraising Plans: The company announced plans to raise funds not exceeding Rs 500.00 crore through the issuance of Non-Convertible Debentures. This will be done via public or private offering in one or more tranches, subject to shareholder approval.

Financial Performance Highlights

While the block deal is the primary focus, it's worth noting some key financial metrics from Trident's recent quarterly results:

• Revenue from Operations: Rs 17,002.30 million
• Net Profit After Tax: Rs 1,393.60 million
• Earnings Per Share (EPS): Rs 0.27 (not annualized)

Segment-wise Performance

Trident operates in multiple segments, with the following revenue breakdown:

The company continues to maintain a diverse product portfolio, with yarn being the largest contributor to its revenue.

Conclusion

The block deal of Trident shares on the NSE represents a significant transaction in the company's stock. While such deals can sometimes impact short-term stock price movements, investors and analysts will likely be watching closely to see if this transaction leads to any notable changes in the company's ownership structure or future performance.

As Trident moves forward with its plans for fundraising and continues to navigate the textile and paper markets, stakeholders will be keen to observe how these developments influence the company's growth trajectory in the coming quarters.

Trident Limited , a leading textile manufacturer, has reported a robust financial performance for the first quarter ended June 30, 2025, with a significant increase in net profit and plans for a substantial debenture issue.

Financial Highlights

The company's consolidated net profit after tax surged by 89% to INR 1,399.60 crore, compared to INR 738.90 crore in the same quarter last year. This impressive growth in profitability comes despite a slight dip in revenue from operations, which stood at INR 17,068.90 crore, down from INR 17,427.10 crore in the previous year.

Segment Performance

Trident's financial results reveal a mixed performance across its various segments:

• Yarn: Revenue of INR 9,020.30 crore with a profit of INR 700.70 crore
• Towel: Revenue of INR 6,389.30 crore with a profit of INR 476.40 crore
• Bedsheets: Revenue of INR 3,093.90 crore with a profit of INR 447.70 crore
• Paper and Chemicals: Revenue of INR 2,598.30 crore with a profit of INR 733.40 crore

Dividend Declaration

The Board of Directors has declared and paid an interim dividend of 50% (INR 0.50 per equity share) for the quarter, rewarding shareholders for the company's strong performance.

Planned Debenture Issue

In a significant move to raise capital, Trident's Board has approved raising funds up to INR 500 crore through the issuance of non-convertible debentures. This will be done via public or private offering in one or more tranches, subject to shareholders' approval.

Divestment of Subsidiary

During the quarter, Trident Limited divested its entire shareholding in its subsidiary, Trident Home Textiles Limited, for INR 10.69 crore. This strategic move was completed on June 17, 2025, marking the end of Trident Home Textiles Limited as a subsidiary of Trident Limited.

Ongoing Income Tax Proceedings

The company's auditor's report highlighted an ongoing income tax search under Section 132 of the Income Tax Act, conducted in October 2023 at various company locations and subsidiaries. While the company has provided necessary information and responses to the tax department, the management maintains that no material adjustments are required to the financial results based on the current status of the proceedings.

Looking Ahead

With a strong start to the fiscal year and strategic initiatives in place, Trident Limited appears well-positioned for continued growth. The planned debenture issue is expected to provide additional financial flexibility to support the company's future endeavors.

Investors and stakeholders will be keenly watching how Trident leverages its strong Q1 performance and utilizes the funds from the proposed debenture issue to drive further growth and value creation in the coming quarters.