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TRTRIDENT

Trident Q2 FY21 results (Jul–Sep 2020) and concall

Textiles · Concall AI · Call held 15 Oct 2020

Trident Limited reported a strong recovery in Q2 FY21, with revenues up 65% and EBITDA margins up 91% quarter-on-quarter, primarily driven by robust demand in the Home Textile segment. The company achieved record capacity utilizations in key segments and significantly reduced its net debt to INR 947.6 crores. Despite challenges in the Paper segment due to increased imports, the overall outlook remains positive, with management focused on sustaining demand, improving profitability, and strategic market initiatives.

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