Trident Ltd., India-based home textiles manufacturer noted 89 per cent surge in net profit in the first quarter of the current fiscal. In the same period under review last year, the producer reported net profit of Rs. 32.3 crore as compared to around Rs. 60 crore profit this year.
Rajinder Gupta, Chairman of the company mentions, “Trident has begun the year on a positive note with steady performance backed by healthy demand scenario and improved off-take of home textile products. At present, the company’s aim would be to drive growth by leveraging and consolidating the existing terry towel operations and stabilising the upcoming composite bed linen project.”
