Trident’s ebitda margin for the third quarter was 17 per cent. The company’s net debt to equity improved in December 2022 from March 2022.

The company has implemented a business-wise federal structure which enables entrepreneurial, agile, and empowered leadership. Further, the textile business has been bifurcated into three individual segments - yarn, towels and bedsheets-- which have enabled the businesses to focus on their respective strengths and efficient optimization of resources.

Trident had earlier announced a capex for capacity addition in yarn, towels, bedsheets and the chemical business for which the projects are under different development and implementation stages. Some 1,93,344 spindles in the yarns segment will be added along with 42 looms in the towels segment and a capacity of 90,000 meters per day in the bedsheets segment.

Based at Ludhiana, Trident is a vertically integrated textile (yarn, towel and bedsheet) and paper (wheat straw-based) manufacturer. Trident’s towel, yarn, bed sheets, and paper businesses have earned global recognition. Trident is one of the largest players in home textiles in India. Supplying national, captive, and retailer-owned brands, the organization is highly decorated with awards from its customers, vendors, and various government entities in recognition of advancing the highest standards in product quality, social responsibility, and environmental stewardship.