Trident
28.10
+0.13(+0.46%)
Market Cap₹14,253.40 Cr
PE Ratio32.50
IndustryTextiles
Company Performance:
1D+0.46%
1M-10.74%
6M+2.59%
1Y-24.42%
5Y+313.24%
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More news about Trident
24Jul 25
Trident Limited Reports 89% Surge in Q1 Net Profit, Plans INR 500 Crore Debenture Issue
Trident Limited's Q1 FY2026 results show a 89% increase in net profit to INR 1,399.60 crore, despite a slight 2.06% decrease in revenue. The company declared a 50% interim dividend and approved raising up to INR 500 crore through non-convertible debentures. Trident divested its subsidiary, Trident Home Textiles Limited, for INR 10.69 crore. The company faces ongoing income tax proceedings from October 2023, but management expects no material adjustments to financial results.
01Jul 25
Trident Faces ₹518.7 Crore GST Notice for Alleged Tax Discrepancies
Trident Limited, a major textile manufacturer, has been issued a Goods and Services Tax (GST) notice alleging tax irregularities amounting to ₹518.70 crore. The notice suggests potential discrepancies in the company's tax filings or payments. This development could have significant financial implications for Trident, potentially affecting its liquidity and profitability. The company may face increased regulatory scrutiny and a possible impact on investor confidence. Trident has not yet publicly responded to the GST notice.
21May 25
Trident Slashes Net Debt by INR 635 Crore, Strengthens Financial Position
Trident Limited, a leading textile manufacturer, has reduced its net debt by INR 635 crore, significantly improving its financial position. The company's balance sheet shows growth across key metrics, with total assets increasing by 12.05% to INR 7,522.30 crore in FY 2024. Current assets rose by 36.70%, and total equity grew by 4.44%. This debt reduction is expected to lower interest costs, enhance financial flexibility, and improve the company's ability to invest in growth initiatives.
21May 25
Trident Ltd's Q4 Net Profit Doubles, Revenue and EBITDA Show Strong Growth
Trident Limited, a leading textile manufacturer, has released impressive Q4 financial results. Net profit more than doubled to ₹133.20 crore, while revenue increased 11% to ₹1,864.30 crore. EBITDA rose 19.3% to ₹245.00 crore, and finance costs reduced to ₹2.60 crore. The company declared an interim dividend of ₹0.50 per share. Following the announcement, Trident's stock surged 16% in the market.
20Feb 25
Trident Ltd Unveils Ambitious Rs 1,000 Crore Capex Plan, Targets Tripling Domestic Sales by FY27
Trident Ltd announces plans to triple domestic sales by FY2027 with a 50-60% CAGR. The company will invest Rs 1,000 crore in capex for FY2025, with 65% allocated to sustainability initiatives. Trident is launching a luxury segment 'Luxehome', adding 500 premium retail stores, and boosting e-commerce presence. The textile manufacturer is also seeing increased export orders, particularly from the US market.
Trident
28.10
+0.13
(+0.46%)
1 Year Returns:-24.42%
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