• Linkdin
Maximize your media exposure with Fibre2Fashion's single PR package  |   Know More

Indian textile manufacturer Trident posts FY21 income of ₹45,353 mn

18 May '21
1 min read
Pic: Trident Group
Pic: Trident Group

Trident Group, an Indian terry towel and wheat straw based paper manufacturer, has reported 4 per cent decline in its total income to ₹45,353.1 million during fiscal 2021 ended on March 31, 2021, compared to ₹9,972.6 million in the previous fiscal. The company’s total comprehensive income for the year rose to ₹4,247.7 million (FY20: ₹2,936.7 million).
 
“The company has delivered strong performance during the year despite the challenges posed by Covid-19. We hope to maintain a strong momentum going forward & harness our efforts towards achieving Vision 2025,” Rajinder Gupta, chairman at Trident Group, said in a press release.
 
Total expenses for FY21 were ₹41,167.7 million (₹43,027.4 million), while group’s net profit after tax was ₹3,457.4 million (₹3,418.0 million).
 
The group’s textile segment revenue for the year increased to ₹38,160.9 million (₹37,776.0 million). Whereas paper and chemicals segment revenue dipped to ₹7,040.7 million (₹9,225.4 million). According to the group, its sheeting segment recorded around 60 per cent growth Y-o-Y basis on account of both better sales volume and realisations.

Fibre2Fashion News Desk (JL)

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
X
Advanced Search