Trident Limited — Updates, 25-01-2025: Press Release

Trident Limited has reported a consolidated net debt reduction of ₹191 crore while making significant strides in renewable energy initiatives for captive power. For the quarter ended December 31, 2024, total standalone income reached ₹1,678 crore with an EBITDA of ₹225 crore, translating to a profit after tax of ₹78 crore. Despite muted standalone revenues in yarn and home textiles at ₹841 crore and ₹938 crore respectively, the chemical and paper segments showed marginal improvement at ₹258 crore.

The company is expanding its renewable energy footprint, aiming for 60% of its Budhni plant's power supply to come from renewable sources through new solar and wind projects. Additionally, Trident has launched a recruitment drive to hire 3,000 skilled workers, reinforcing its commitment to community development and sustainability. The firm also received multiple awards for HR excellence and showcased its eco-friendly innovations at Heimtextil, further solidifying its leadership position in sustainable manufacturing. With a proactive approach, Trident's strategy aligns with long-term value creation for stakeholders, indicating a positive outlook in a competitive landscape.