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Trident’s turnover up 26 per cent in last nine months

Trident’s nine-month turnover increased 26 per cent over the same period last year. Profit too rose by 36 per cent. Trident is a manufacturer and exporter of home textiles and paper products. Business has been driven by strong volume growth in terry towels and yarn across markets as a result of sustained focus and efforts on marketing, designing as well as product innovation. Healthy traction in the bed linen segment in both international and domestic markets further supported this momentum.

Trident has an installed capacity of 5.55 lakh spindles and 5,500 rotors capable of manufacturing 1, 15,200 tons a year of cotton, compact and blended yarns. It has ten manufacturing units. The product range services the needs of the knitting, weaving, denim, hosiery, shirting and suiting segments.

Trident exports textile products to nearly 70 countries across the globe and 70 per cent of the revenues are earned through the export business. Trident is strengthening its presence in new markets like the UK, Italy, France, Japan, Australia, South Africa and Canada. The company has expanded its value-added range such as air rich, low tint, fade-resistant bed and bath linen products to cater to the premium segment. In India Trident is in 260 MBOs and is in all major e-commerce portals.

 
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