Summary:
Ludhiana, Punjab, India (NewsVoir) • Highest ever quarterly revenue achieved in Q2 FY22 amounting to INR 16,726.7 million • Highest ever quarterly EBITDA of INR 4129.2 million, with EBITDA Margin of 24.7% in Q2 FY22 • Highest ever quarterly Profit after Tax of INR 2288 million in Q2 FY22 with continuous growing PAT Margin of 13.7% • Net debt has been exceptionally reduced to INR 10453.9 million i.e.,15.1% reduction in Q-o-Q • Announces 36% dividend (INR 0.36/-per fully paid-up Equity Share of Re.
1/- each) for its Shareholders with October 29, 2021 as record date Trident Limited, a vertically integrated Textile (Yarn, Bath & Bed Linen) and Paper (Wheat Straw-based) manufacturer announced its financial results for the quarter ended September 30, 2021.
Financial & Business Highlights • Total Revenue in Q2 FY22 stood at INR 16,726.7 million compared to INR 11,744.3 million in Q2 FY21 • EBIDTA for Q2 FY22 stood at INR 4129.2 million which translates into 24.7% margin.
• Profit after tax for the Q2 FY22 is INR 2288 million with PAT margin of 13.7% • Net Debt reduced in Q2 FY22 to reach level of INR 10453.9 million as compared to INR 12319.8 million as on 30st June 2021; Net Debt to Equity ratio stood at0.29x • Textile Segment Revenue stood at INR 14,067.4 million in Q2 FY22 compared to INR 9907.6 million in Q2 FY21.
EBIT for the segment increased to INR 2976.7 million as compared to INR 1149.3 million in Q2 FY21.
• Paper Segment Revenue stood at INR 2559.7 million in Q2 FY22 as compared to INR 1809.3 million in Q2 FY21.