Trident Latest Updated News

recently announced its Q4 FY25 and full-year FY25 financial results, showcasing a strong performance. For Q4 FY25, the company reported a net profit of ₹133 crore, a significant 126.10% increase year-on-year, primarily driven by a sharp reduction in finance costs. Consolidated revenue for the quarter stood at ₹1,883 crore, up 11% YoY. For the full fiscal year FY25, net profit jumped 6% to ₹371 crore, and revenue was ₹7,047 crore. In line with its financial performance, Trident's board has approved a first interim dividend of ₹0.50 per equity share for FY 2025-26. The record date for this dividend has been set as May 27, 2025. This decision reflects the company's commitment to returning value to its shareholders. Trident is undertaking ambitious expansion and modernization plans, with a focus on sustainability. The company has earmarked a ₹1,000 crore capital expenditure for FY25-26, with a significant portion dedicated to renewable energy and sustainability initiatives. They aim to triple their domestic business by 2027 and expand their premium home textile brand, 'LUXEHOME by myTrident'. The company is also increasing its retail touchpoints for 'myTrident' from 7,000 to 10,000, particularly targeting growth in East and South India. Furthermore, Trident is exploring opportunities in the HORECA (hotel, restaurant, and cafe/catering) and institutional segments, as well as corporate gifting, to increase its market share. They have also increased their solar capacity by 11.02 MWp to 51.92 MWp, reducing their carbon footprint.