Trident Limited announces Q3FY25 results, highlights sustainability efforts and financial gains

Trident Limited, a global leader in textiles, paper, and chemicals, has announced its financial results for the quarter ended December 31, 2024 (Q3FY25). The company has reinforced its position as a pioneer in sustainability, unveiling transformative initiatives in renewable energy while also showcasing a strong commitment to fiscal discipline.

How Is Trident Limited Transforming Its Business Through Sustainability?

Sustainability lies at the core of Trident’s strategic vision. The company has made significant strides in renewable energy, with plans to generate 60% of the power required for its Budhni plant in Madhya Pradesh through solar and wind energy. This initiative forms part of a broader renewable energy project designed to align Trident’s operations with environmentally responsible practices.

Key developments include the installation of 16.4 MWp rooftop solar power capacity, which not only reduces operational costs but also highlights Trident’s commitment to reducing its carbon footprint. According to Trident’s Managing Director, Deepak Nanda, these initiatives reflect the company’s dedication to driving long-term value for stakeholders while advancing its leadership in sustainable business practices.

What Were Trident Limited’s Q3FY25 Financial Results?

Trident Limited reported a total standalone income of ₹1,678 crore for Q3FY25, underscoring its robust operational capabilities despite challenging market conditions. The company’s EBITDA stood at ₹225 crore, while net profit for the quarter amounted to ₹78 crore. Additionally, Trident reduced its consolidated net debt by ₹191 crore, further strengthening its financial position.

While revenue across segments such as yarn and home textiles remained muted, with figures of ₹841 crore and ₹938 crore respectively, the chemical and paper divisions showed marginal improvements, contributing ₹258 crore in revenue.

Why Is Trident’s Renewable Energy Project Significant?

Trident’s foray into renewable energy represents a pivotal shift toward sustainable manufacturing. The planned solar and wind energy facilities at the Budhni plant aim to reduce the company’s reliance on traditional power sources, aligning with global efforts to combat climate change.

Industry analysts highlight the importance of such initiatives in securing long-term cost efficiencies and meeting growing consumer demands for environmentally friendly products. Trident’s renewable energy project is expected to not only enhance operational efficiency but also serve as a model for other manufacturers looking to transition to greener practices.

What Are Trident’s Contributions to the Textile Industry and Society?

Trident continues to strengthen its leadership in the global textile sector. The company’s participation in Heimtextil, a premier trade fair, showcased innovative eco-friendly textile solutions, further cementing its reputation as a pioneer in sustainable manufacturing.

Beyond its industrial achievements, Trident has demonstrated a strong commitment to community welfare. Through the Karamyogi Recruitment Drive, the company aims to create employment opportunities for 3,000 skilled individuals, fostering social and economic development.

In the area of corporate social responsibility (CSR), Trident launched four ambulances to support healthcare infrastructure and released its inaugural Environmental, Social, and Governance (ESG) Report, earning an S&P Global CSA score of 56 out of 100. This achievement underscores the company’s ongoing efforts to integrate sustainability into its business model.

How Is Trident Recognised for Its Achievements?

Trident’s contributions to the textile sector and sustainability initiatives have garnered widespread recognition. The company received the gold trophy at the TEXPROCIL Awards, honouring its exceptional contributions to India’s textile exports. Additionally, Trident was lauded for its HR excellence, earning awards for workforce diversity and innovative HR practices.

Such accolades reinforce Trident’s position as a leading player in the global textile, paper, and chemical industries.

What Does the Future Hold for Trident Limited?

As Trident continues to expand its renewable energy initiatives and maintain its commitment to sustainability, the company is well-positioned to lead the way in environmentally conscious manufacturing. Its long-term strategy, focused on fiscal responsibility and green innovation, aligns with India’s vision of a “Viksit Bharat” (Developed India).

By integrating sustainable practices across its operations, Trident not only enhances its market position but also contributes to broader environmental and social goals.