- Trident Limited reported a PAT of Rs. 211.09 crores, a total income of Rs 1983.65 crores and Rs. 1,157.73 crore as expenses in the December quarter.
- Trident Global Corp Ltd(TGCL) has issued 2,81,850 9% compulsorily convertible debentures to the promoter and promoter group of the company, Trident said.
In a regulatory filing, Trident Ltd’s said that its profit after tax (PAT) jumped to Rs. 211.09 crores in the third quarter ended December 2021. This was a whopping 88% rise from Rs. 112.15 crores in December 2020.
The textile firm’s consolidated total income during the period stood at Rs 1983.65 crores in the quarter ended December 2021, while it was Rs. 1308.24 crores in the same quarter, the previous fiscal.
The total expenses were higher at Rs. 1,673.88 crore in December 2021, as compared to Rs. 1,157.73 crore in the same quarter a year ago, it added.
Trident Ltd’s subsidiary, Trident Global Corp Ltd(TGCL) has issued 2,81,850 9% compulsorily convertible debentures worth around Rs. 17 crore to the promoter and promoter group of the company, Trident said.
Trident Limited is a manufacturer of Linen Wheat Straw-based Paper Chemicals, Yarn Bath Linen Bed, and Captive Power. Currently, its shares are trading at Rs. 65.75 apiece.
