Hot Pursuit     13-Jun-22
Trident slips after bath linen production drops 34% YoY in May
Trident declined 2.79% to Rs 41.85 after the firm announced production update for May 2022.

In the home textile division, production of bath linen slumped 34.32% to 3,364 metric tonnes (MT) in May 2022 as against 5,122 MT posted in May 2021. Production of bed linen declined 6.25% to 2.85 million metres (MM) in May 2022 from 3.04 MM recorded in May 2021. Production of yarn slipped 10.86% to 9,191 MT in May 2022 over 10,311 MT reported in May 2021.

In paper & chemicals division, production of paper jumped 14.34% to 14,372 MT in May 2022 compared with 12,569 MT in May 2021. Production of chemicals fell 1.36% to 8,923 MT in May 2022 as against 9,046 MT in May 2021.

Trident is a vertically integrated textile (yarn, bath & bed linen) and paper (wheat straw-based) manufacturer and is one of the largest players in home textile space in India.

The company reported a 137.1% jump in consolidated net profit to Rs 181.25 crore on a 39% rise in revenue from operations to Rs 1,869.85 crore in Q4 FY22 over Q4 FY21.

Previous News
  CARE reaffirms credit ratings of Trident with 'stable' outlook
 ( Hot Pursuit - 05-Apr-24   14:20 )
  Market at day's low; Sensex down 188 pts
 ( Market Commentary - Mid-Session 25-May-23   11:30 )
  Volumes soar at Tamilnad Mercantile Bank Ltd counter
 ( Hot Pursuit - 21-Aug-23   14:30 )
  Trident consolidated net profit rises 142.60% in the September 2023 quarter
 ( Results - Announcements 15-Nov-23   16:16 )
  Board of Trident approves broad base & restructuring of directors
 ( Corporate News - 09-Aug-22   19:34 )
  Trident consolidated net profit rises 90.51% in the March 2021 quarter
 ( Results - Announcements 15-May-21   16:01 )
  Trident consolidated net profit declines 84.06% in the September 2022 quarter
 ( Results - Announcements 13-Nov-22   17:00 )
  Trident receives affirmation in credit ratings from CARE
 ( Corporate News - 05-Apr-24   12:35 )
  Trident slides after Q2 PAT drops 83% YoY to Rs 39 cr
 ( Hot Pursuit - 14-Nov-22   12:10 )
  Timken India Ltd leads losers in 'A' group
 ( Hot Pursuit - 03-Dec-21   15:01 )
  Trident launches online retail store
 ( Corporate News - 08-Oct-21   09:18 )
Other Stories
  Volumes jump at Just Dial Ltd counter
  03-Oct-24   11:00
  Yes Bank's loan book rises to Rs 2.36 lakh crore in Q2 FY25; deposits up over 18% YoY
  03-Oct-24   10:46
  KRN Heat Exchanger makes stellar debut
  03-Oct-24   10:31
  Maruti Suzuki total sales rises to 1,84,727 units in Sep’24
  03-Oct-24   10:12
  Metal shares gain
  03-Oct-24   10:00
  Basic materials shares gain
  03-Oct-24   10:00
  Telecom shares rise
  03-Oct-24   10:00
  JSW Steel Ltd Spikes 1.87%
  03-Oct-24   09:30
  Eicher Motors Ltd Falls 3.14%, BSE Auto index Drops 2.14%
  03-Oct-24   09:30
  Adani Ports records 14% YoY growth in Sept'24 cargo volumes
  03-Oct-24   09:29
Back Top