Trident’s revenue or Q3FY18, grew by 0.3 per cent yoy to Rs 1,137cr. EBITDA came in at Rs 200cr, down by 11.2 per cent yoy. EBITDA margin contracted 227 bps yoy to 17.59 per cent. Adjusted PAT de-grew by 7.1 per cent yoy to Rs 73cr. The Board has declared 2nd interim dividend of Rs 0.6 per fully paid up equity share of Rs10 each. Record date is February 6, 2018. Finance cost de-grew by 16.3 per cent yoy to Rs 25.2cr. Depreciation and amortisation expenses de-grew by 2.1 per cent yoy to Rs 101.3cr. Employee benefit expenses de-grew by 24.9 per cent yoy to Rs 108.3cr due to rationalisation of manpower cost including structuring of salary and manpower.

Revenue from textile and paper and chemicals segment contributed Rs 913.23cr (up 0.2 per cent yoy) and Rs 224.06cr (up 0.7 per cent yoy) respectively.

Trident Limited (Trident) is the flagship company of TridentGroup, a $1 billion Indian business conglomerate. The group operates in five business segments: Yarn, Bed Linen, Paper, Chemicals and Captive Power. Trident Limited, the flagship company of the group has its customer base in more than 100 countries across six continents. Trident is one of the largest yarn spinners in India, one of the world's largest terry towel manufacturers and the world's largest wheat straw based paper manufacturer.