Warring seeks MSP guarantee as promised to farmers Demands Rs 50-70 cr annual research grant for PAU Seeks debt relief for farmers on pattern of industry loan waiver Reveals, Punjab didn’t get a penny of Rs 1600 cr flood relief Demands withdrawal of the law on stubble burning Chandigarh/New Delhi 18 March ( Ranjeet Singh Dhaliwal ) : Punjab Congress president and Ludhiana MP Amarinder Singh Raja Warring today demanded that the government of India should bring the law to provide MSP guarantee to the farmers as had been promised to them when they withdrew their 15 month long strike against three farm laws. He also demanded Rs 50 crore to Rs 70 crores annual research grant for the Punjab Agricultural University, Ludhiana to improve the research facilities for better agriculture. The Ludhiana MP made a strong case for providing debt relief to the small and marginal farmers through one time settlement by waiving off their interests. He asked, if the government can waive off loans worth Rs 1...
.jpg)
Trident Limited announces financial results for the first quarter of FY 25-26
Records increase in sales and profits as well as reduction in net debt
Quarterly Revenue stands at INR 1727 Crore.
Quarterly EBITDA grew 18.12% QoQ to INR 312 Crore.
Free Cash Flow stands at INR 234 Crore for Q1FY26.
Annualized Net Debt / EBITDA improved to 0.71 from 0.95 on QoQ
Net Debt reduced by INR 31 Crore QoQ post dividend payment of Rs. 254 Cr. in May 2025.
Chandigarh 26 July ( Ranjeet Singh Dhaliwal ) : Trident Limited, while releasing its financial results for the first quarter of the financial year 2025-26 (ended June 30, 2025), said that the company has increased sales and profit, along with a reduction in net debt. The company's Consolidated Revenue for the quarter stood at INR 1727 Crore. Consolidated EBIDTA for the quarter stood at INR 312 Crore, up 18.12% QoQ and 29.85% YoY. Consolidated Net Profit for the quarter stood at INR 140 Crore, up 4.89% QoQ and up 89.39% YoY and Net Debt stands at INR 879 Crore on June 30, 2025 as compared to INR 910 Crore as on March 31, 2025, thus a reduction of 31 Crore. Commenting on the results, Deepak Nanda, Managing Director, Trident Limited, said, “As we reflect on Trident Limited’s Q1FY26 results, it's evident that amidst challenging macroeconomic conditions, our company has showcased quarter-on-quarter growth in terms of profitability, We have further strengthened our balance sheet by reducing net debt by INR 31 Crore and sustaining our Debt Equity Ratio at 0.35. Furthermore, our financial health has been reinforced through sustaining the Current Ratio at 1.87 from 1.98 on a quarter-over-quarter (Q-o-Q) basis, despite economic challenges and international fluctuation. Our focus on innovative product pipelines aligned with evolving consumer preferences, combined with positive tailwinds from recent US tariff revisions and new FTA between India & UK, positions us favorably to capitalize on emerging opportunities as we maintain our commitment to sustainable growth and operational excellence. Going forward, we shall continue focusing on improving our volumes, value added products and ESG. With this foundation, Trident Limited stands poised to continue its journey of sustainable growth and innovation in the ensuing period”. Segment-wise Business Performance (Q1, FY26) for Trident’s Yarn business stood at INR 902 Crore in Q1FY26. Home Textile business consolidated revenue for Q1FY26 stood at INR 948 Crore and consolidated revenue for Q1FY26 in Paper and Chemicals business stood at INR 260 Crore.
Comments
Post a Comment