Trident’s production of bath linen tumbled 37 per cent in August 2022 compared to August 2021.

Production of bed linen slipped 37 per cent. Production of yarn slumped 41 per cent. Production of paper declined 13 percent but production of chemicals rose one per cent.

Consolidated net profit declined 37 per cent in the first quarter but net sales rose 13 per cent.

Trident is a vertically integrated textile (yarn, bath and bed linen) and paper (wheat straw-based) manufacturer and is one of the largest players in the home textile space in India. It currently has around 400 points-of-sales across the country and plans to further expand its retail presence by doubling its point-of-sales next year. Trident believes in offering innovative solutions and delivering high-quality value-added products to customers. Trident is expanding spinning capacity at its Madhya Pradesh plant. The project will help strengthen Trident’s existing home textile business and further expand its market presence. Trident’s existing capacity is 5,43,744 spindles and 6,464 rotors, and the current capacity utilisation is 99 per cent. Trident has planned for small maintenance capex in the form of de-bottlenecking and upgradation of capacities. The company is committed to embark inclusive growth for all its stakeholders and continuing to excel in future.