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Trident Group posts loss in Q2

16
Nov '11
Ludhiana, Punjab-based Trident Group, which is into production of yarns, terry towels and other items, has posted a loss of Rs. 196.4 million in the second quarter of 2011-12, compared to a net profit of Rs. 186.6 million registered during the corresponding quarter of 2010-11.

However, the total income of the company grew to Rs. 7 billion during the July-September period, as against the total income of Rs. 6.4 billion recorded during the same period last year, showing a growth of 9.37 percent.

Trident Limited, the flagship company of the Group, is one among the top five global terry towel giants of the world.

Fibre2fashion News Desk - India


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