Edsheets Amp Chemical Business For Which The Projects Are Under Different Development And Implementation Stage Proposed Capacity Addition By Company In Yarns Segment Is 1 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Chandigarh/ Ludhiana (Punjab) [India], February 2 (ANI/SRV): Trident Limited, a vertically integrated Textile (Yarn, Towel & Bedsheets) and Paper (Wheat-Straw based) & Chemical manufacturer announced its financial results for the quarter that ended December 31, 2022. Financial Highlights: Trident Limited's Total Income for Q3FY23 is Rs 16,247 million as compared to Rs 19,611 million in Q3FY22 whereas Rs 47,203 million for 9MFY23 as compared to Rs 50,885 million for 9MFY22. The Company's EBITDA for Q3FY23 stood at Rs 2,790 million with an EBITDA margin of 17.2 per cent and Rs 6,855 million for 9MFY23 with a margin of 14.5 per cent. The Company's Profit after tax for Q3FY23 was reported at Rs 1,420 million with a PAT margin of 8.7 per cent and Rs 3,055 million for 9MFY23 with a margin of 6.5 per cent. The Company's Net Debt stood at Rs 8,466 million in 9MFY23 vs. Rs 12,972 million (Mar 2022), a reduction of Rs 4,506 million. The Company's Net Debt to Equity ha ....

News Net , News Release Publishing , Chandigarh Ludhiana Punjab India , Ebruary 2 Ani Srv Trident Limited , A Vertically Integrated Textile Yarn , Owel Amp Bedsheets And Paper Wheat Straw Based Chemical Manufacturer Announced Its Financial Results For The Quarter That Ended December 31 , 022 Financial Highlights Trident Limited 39s Total Income For Q3fy23 Is Rs 16 , 247 Million As Compared To Rs 19 , 611 Million In Q3fy22 Whereas Rs 47 , 203 Million For 9mfy23 As Compared To Rs 50 , 885 Million For 9mfy22 The Company 39s Ebitda Q3fy23 Stood At Rs 2 , 790 Million With An Ebitda Margin Of 17 2 Per Cent And Rs 6 , 855 Million For 9mfy23 Witha Margin Of 14 5 Per Cent The Company 39s Profit After Tax Q3fy23 Was Reported At Rs 1 , 420 Million Witha Pat Margin Of 8 7 Per Cent And Rs 3 , 055 Million For 9mfy23 Witha Margin Of 6 5 Per Cent The Company 39s Net Debt Stood At Rs 8 , 466 Million In 9mfy23 Vs Rs 12 , 972 Million Mar 2022 , A Reduction Of Rs 4 , 506 Million The Company 39s Net Debt To Equity Has Improved 0 22x As On 31st Dec 2022 From 34x In March Implementeda Business Wise Federal Structure , Hich Enables Entrepreneurial , Nd Empowered Leadership Further , He Textile Business Has Been Bifurcated Into 3 Individual Segments Yarn , Owel Amp Bedsheets Which Has Enabled The Respective Business To Focus On Their Strengths And Efficient Optimization Of Resources Trident Limited Earlier Announceda Capex Worth Rs 22 , 700 Million For Capacity Addition In Yarn , Edsheets Amp Chemical Business For Which The Projects Are Under Different Development And Implementation Stage Proposed Capacity Addition By Company In Yarns Segment Is 1 , 344 Spindles For Which The Commercial Operations Are Expected From September 2023 With An Investment Of Rs 12800 Million Proposed Capacity Addition By Company In Towels Segment Is 42 Looms June 2470 Bedsheets 90 ,