Home / Knowledge / News / Textiles / Trident Limited Q2 FY'14 yarn sales surge 25%
Trident Limited Q2 FY'14 yarn sales surge 25%
Nov '13
Trident Limited, flagship Company of USD 1 billion Trident Group and leading manufacturer and exporter of Textiles & Paper products, announced its financial results for the quarter and half year ended September 30, 2013.

Commenting on the performance, Mr. Rajinder Gupta, Chairman at Trident Limited said, “The investments made over the last few years towards expansion combined with initiatives undertaken towards cost rationalization and changing our product mix to value-added products has started to yield results. Besides improving operating environment across all our business segments have enabled us to achieve better quarterly earnings in Q2 FY14.

The demand outlook is robust and we are confident of maintaining the growth momentum supported by larger capacities, better utilization and improved product offerings. We have combined our operational focus with prudent financial management that will help us strengthen our balance sheet and drive growth going forward.”

Financial Highlights for the quarter ended September 30, 2013

- Yarn segment revenues improved to Rs. 507.1 crore as compared to Rs. 406.8 crore in the corresponding quarter; up ~25%; PBIT more than tripled to Rs. 73 crore compared to Rs. 23.1 crore in Q2 FY13

- Terry Towel segment revenues at Rs. 362.7 crore compared to Rs. 325.2 crore in Q2 FY13; PBIT more than tripled to Rs. 48.3 crore vis-à-vis Rs. 15.4 crore in Q2 FY13

- The revenues of Paper & Chemicals Division were higher by ~23% at Rs. 212.8 crore as compared to Rs. 173.5 crore in Q2 FY13; PBIT grew by ~30% to Rs. 31.9 crore from Rs. 24.6 crore in Q2 FY13

Segmental Overview


- Growth in topline driven by growth in sales volume as well as realizations

-Revenues grew by 24.7% to Rs. 507.1 Cr compared to Rs. 406.8 Cr in the corresponding quarter of last year

- Sales volume grew by 8.3% while realizations improved by 15.2%

- Improvement in realizations driven by the enhanced focus on value added products

-PBIT margins improved by 8.7 percentage points

- Improvement in margins driven by the various cost optimization initiatives undertaken along with increased focus on value added products

Terry Towel

-Topline enhanced despite lower sales volume due to increased realizations

- Realizations improved by 28.7% backed by greater focus on value added products

- PBIT increased from Rs. 15.4 Cr to Rs. 48.3 Cr, up 213%

- PBIT margin increased from 4.7% to 13.3%,  driven by cost optimization measures undertaken as well as greater share of value added products


-Topline growth driven by increase in both sales volumes as well as realizations

-Revenue growth of 22.7% compared to Q2FY13 , Sales volume grew by 13.7% while realizations improved by 7.9%

- Improved realizations resulting from enhanced product mix towards the copier segment

- Branding initiatives and launch of Trident Royal Touch Copier Paper in the previous quarter

Merger of Trident Corporation Limited with Trident Limited

The Board of Directors of Trident Limited [TL] and Trident Corporation Limited [TCL], in their respective meetings held on October 09, 2013, approved the proposal to merge TCL into TL. The amalgamation is subject to statutory / regulatory, shareholder and creditors approvals as relevant.

Click here to read full results

Trident Limited

Must ReadView All

Courtesy: Reliance Industries

Textiles | On 24th Apr 2017

Reliance’s FY17 revenue from petrochemicals up 12.2%

Increase in prices across polymers and polyester chain has...

Textiles | On 24th Apr 2017

India, Kazakhstan to increase cooperation in textiles

Indian and Kazakhstan are deliberating upon increasing cooperation in ...

Textiles | On 24th Apr 2017

GST reflects 'One nation, One aspiration' spirit: Modi

Prime Minister Narendra Modi has said that the Goods and Services Tax ...

Interviews View All

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search