Trident Ltd shares fell nearly 7% in early trading today after the company reported disappointing financial results for the third quarter of FY25. The stock was trading at ₹29.15, reflecting a significant drop from its previous close of ₹31.06.
The textile and paper manufacturer reported a 26.8% year-on-year (YoY) decline in net profit for Q3 FY25, posting ₹80 crore compared to ₹109 crore in the corresponding quarter of the previous year. The company’s revenue also fell by 9.2% to ₹1,667 crore from ₹1,835.3 crore YoY, indicating a slowdown in operational performance.
EBITDA for the quarter stood at ₹213.6 crore, marking a decline of 18.8% from ₹263.1 crore a year ago. The EBITDA margin contracted to 12.8% from 14.3% in the same period last year, reflecting rising costs or pricing pressures in the current market environment.
Stock Details:
- Current Share Price: ₹29.15 (down 6.15%)
- Previous Close: ₹31.06
- Day Range: ₹28.00 – ₹30.38
- Year Range: ₹28.00 – ₹48.85
- Market Cap: ₹14,712 crore
- P/E Ratio (TTM): 44.64
- Dividend Yield: 1.85%
- Average Volume: 6.93 million shares
The weak quarterly performance comes as Trident continues to navigate a challenging macroeconomic landscape. Analysts believe the margin contraction and lower profit levels highlight headwinds for the company, despite its consistent presence in the textiles and paper industry.
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