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Trident textile production declines in March

Trident’s production in its textiles division declined in March 2020. Its production of bath linen tumbled 37.91 per cent to 2,745 metric ton in March 2020 over 4,421 metric ton in March 2019. The production of bed linen fell 21.3 per cent to 1.81 million metre in March 2020 as against 2.30 million metre in March 2019. Its yarn production fell by 37.41 per cent to 6,327 metric ton in March 2020 compared with 10,108 metric ton in March 2019.

In its paper & chemicals division, the production of paper slumped 29 per cent to 9,615 metric ton in March 2020 as against 13,541 metric ton in March 2019. Production of chemical fell 25 per cent to 6,291 metric ton in March 2020 over 8,367 metric ton in March 2019.

Trident's consolidated net profit fell 27.7 per cent to Rs 79.79 crore on a 12.9 per cent decline in net sales to Rs 1,135.59 crore in Q3 December 2019 over Q3 December 2018.

 
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