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TRTRIDENT

Trident Q1 FY21 results (Apr–Jun 2020) and concall

Textiles · Concall AI · Call held 18 Jul 2020

Trident Limited's Q1 FY21 performance was significantly impacted by the COVID-19 lockdown, leading to a substantial decline in revenue and profit. Despite the challenging environment, the company demonstrated strong financial discipline by reducing net debt by INR 369 crores and optimizing fixed costs. The textile segment showed resilience with increased export contribution and Q-o-Q growth in Bed Linen revenue, while the paper segment faced muted demand. The company is actively reviewing capex projects and focusing on new product categories like anti-viral textiles and kraft paper.

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Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.