Trident Ltd's Q3FY25 Quarter Results
- 25 Jan 2025
Result Summary
- Trident Ltd reported a 2.4% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 9.0%.
- Its expenses for the quarter were down by 2.7% QoQ and 7.2% YoY.
- The net profit decreased 3.9% QoQ and decreased 26.7% YoY.
- The earnings per share (EPS) of Trident Ltd stood at 0.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1682.36 | 1724.30 | 1849.11 | -2.4% | -9.0% |
Total Expenses | 1580.58 | 1625.23 | 1702.78 | -2.7% | -7.2% |
Profit Before Tax | 101.78 | 99.07 | 146.33 | 2.7% | -30.4% |
Tax | 21.68 | 15.75 | 37.02 | 37.7% | -41.4% |
Profit After Tax | 80.10 | 83.32 | 109.31 | -3.9% | -26.7% |
Earnings Per Share | 0.10 | 0.20 | 0.20 | -50.0% | -50.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Trident Ltd is a well-established player in the textile industry, known primarily for its production of home textiles and paper products. The company is among the leading manufacturers of terry towels, bed linen, yarn, and paper in India. Trident Ltd has been recognized for its significant contributions to the textile sector, leveraging advanced manufacturing capabilities and a sustainable approach to production. While specific recent major developments are not detailed in the provided data, Trident Ltd continues to focus on innovation, quality enhancement, and market expansion to maintain its market position amidst evolving industry dynamics.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Trident Ltd reported a total income of ₹1682.36 crores, which represents a decline of 2.4% from the previous quarter (Q2FY25) and a more substantial decrease of 9.0% compared to the same quarter in the previous fiscal year (Q3FY24). The company's revenue performance indicates a downward trend, both on a quarter-over-quarter and year-over-year basis. The decrease in total income could be attributed to various factors, including potential changes in market demand, pricing strategies, or competitive pressures within the industry. The financial data provided does not offer insights into specific revenue streams or segment performance, making it difficult to ascertain the exact causes for the revenue decline.
Profitability
Trident Ltd's profitability metrics for Q3FY25 include a profit before tax of ₹101.78 crores, which shows an increase of 2.7% from the previous quarter (Q2FY25) but a significant decrease of 30.4% compared to Q3FY24. The tax expenses for Q3FY25 were ₹21.68 crores, reflecting a quarter-over-quarter increase of 37.7% and a year-over-year decrease of 41.4%. Consequently, the profit after tax for Q3FY25 was ₹80.10 crores, marking a decline of 3.9% from the previous quarter and a 26.7% decrease from the same quarter last year. Earnings per share for Q3FY25 were ₹0.10, down by 50.0% both quarter-over-quarter and year-over-year. These figures suggest fluctuations in profitability, with noteworthy reductions on a year-over-year basis.
Operating Metrics
Trident Ltd's total expenses for Q3FY25 amounted to ₹1580.58 crores, which is a 2.7% decrease from Q2FY25 and a 7.2% decrease compared to Q3FY24. The reduction in total expenses aligns with the decrease in total income, indicating potential cost management efforts or changes in operational efficiency. The company's operating metrics demonstrate a focus on aligning expenses with the revenue trajectory, although the decrease in expenses has not offset the decline in income to maintain profit levels. The financial data does not provide detailed insights into specific operating metrics such as production volume, capacity utilization, or other operational KPIs, limiting the ability to further analyze operational performance.
