Trident Ltd records a consolidated net profit of ~Rs10cr in Q1FY21


Quarterly Results

Trident Ltd. announced its quarterly results on July 18, 2020. The consolidated net sales in Q1FY21 stood at Rs708.54cr, which declined by 46% yoy from Rs1,312.15cr in Q1FY20.     

EBITDA stood at Rs113.18cr in Q1FY21 that decreased by 61.72% yoy. For Q1FY20, it had posted EBITDA of Rs295.66cr. EBITDA margin as of Q1FY21 was at 15.97% that declined by 6.56% yoy against the same quarter, the previous year.     

The consolidated net profit in Q1FY21 came in at Rs10.11cr that declined by 91.74% yoy, as compared to Q1FY20, when it reported Rs122.43cr. The net profit margin in Q1FY21 came in at 1.43% that declined by 7.90% yoy. The net profit margin for Q1FY20 was at 9.33%.  

On Friday, the stock closed at Rs6.36 with a gain of 2.42% on BSE.








Particulars

Q1FY21
 (Rs in cr)

Q1FY20
(Rs in cr)

% VAR

Net Sales

708.54

1,312.15

-46.00

Operating Profit

113.18

295.66

-61.72

Net Profit

10.11

122.43

-91.74

EBITDAM%

15.97

22.53

-6.56

PATM%

1.43

9.33

-7.90

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