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 nine months ended December 31, 2013.
Trident Limited, flagship Company of USD 1 billion Trident Group and leading manufacturer and exporter of Textiles & Paper products, announced #
Financial Highlights for the quarter ended December31, 2013
-Yarn segment revenues improved to Rs. 489.5 crore as compared to Rs. 431.8 crore in the corresponding quarter; up 13.4%; PBIT improved to Rs. 50.1 crore compared to Rs. 42.7 crore in Q3 FY13
-Terry Towel segment revenues at Rs. 412 crore compared to Rs. 307.3 crore in Q3 FY13; PBIT improved by more than 90% to Rs. 42.8 crore vis-à-vis Rs. 22.4 crore in Q3 FY13
-The revenues of Paper & Chemicals Division were higher by 21% at Rs. 215.4 crore as compared to Rs. 177.9 crore in Q3 FY13; PBIT grew by 35% to Rs. 33.8 crore from Rs. 25.1 crore in Q3 FY13
Trident Limited, flagship Company of USD 1 billion Trident Group and leading manufacturer and exporter of Textiles & Paper products, announced #
Segmental Overview
Yarn
-Topline grew by 13.4% to Rs. 489.5 crore compared to Rs. 431.8 crore in the corresponding quarter of last year
-While sales volume declined by 1.6%, realizations improved by 15.2%
-Improvement in realizations driven by the enhanced focus on value-added products
-PBIT margin improved to 10.2%
Trident Limited, flagship Company of USD 1 billion Trident Group and leading manufacturer and exporter of Textiles & Paper products, announced #
Terry Towel
-Topline growth of 34.1% driven by increase in both, sales volumes as well as realizations
-Realizations improved by 25.5% backed by greater focus on value-added products
-Sales volume improved by 6.8%
-PBIT increased from Rs. 22.4 crore in Q3 FY13 to Rs. 42.8 crore, up 91.1%
-PBIT margin increased from 7.3% to 10.4%, driven by cost optimization measures undertaken as well as greater share of value-added products
Trident Limited, flagship Company of USD 1 billion Trident Group and leading manufacturer and exporter of Textiles & Paper products, announced #
Paper
-Topline growth of 21.1% driven by increase in both, sales volumes as well as realizations
-Sales volume grew by 2.4% while realizations improved by 18.2%
-Improved realizations resulting from enhanced product mix towards the copier segment
-Encouraging results from the branding initiatives and success of Trident Royal Touch Copier Paper
Trident Limited, flagship Company of USD 1 billion Trident Group and leading manufacturer and exporter of Textiles & Paper products, announced #
Updates on the 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, had approved the proposal to merge TCL into TL.
Trident Limited, flagship Company of USD 1 billion Trident Group and leading manufacturer and exporter of Textiles & Paper products, announced #
Trident Limited, flagship Company of USD 1 billion Trident Group and leading manufacturer and exporter of Textiles & Paper products, announced #