Trident Texofab Q2 Results Total Income Reaches ₹2,921.32 Lakhs

Trident Texofab Q2 Results

Trident Texofab is a textile company that provides financial results for different time periods, showing how well it performed. In the quarter that ended on September 30, 2024, the company made about ₹2,644.84 Lakhs from operations, which is higher than the ₹2,571.21 Lakhs made in the previous quarter and also higher than ₹2,320.27 Lakhs from the same quarter last year. They also earned ₹276.48 Lakhs from other income sources, which is a significant increase compared to ₹86.30 Lakhs in the last quarter and ₹103.21 Lakhs in the same quarter last year.

Trident Texofab's total income for this quarter was ₹2,921.32 Lakhs, compared to ₹2,657.50 Lakhs last quarter and ₹2,423.48 Lakhs last year. However, their expenses also increased, reaching ₹2,826.50 Lakhs this quarter. The main costs were for materials and stock purchases, but they managed to keep some profit. They had a profit before tax of ₹94.82 Lakhs. After accounting for tax expenses, their final profit for this quarter was ₹100.41 Lakhs. 

Here's a simplified table format for the financial results you provided, presented in a clear and organized way:

(Amount in Lakhs)

Source: Here 

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Trident Texofab Financial Metrics

Trident Texofab’s market cap is ₹51.3 crore, which means that's the total value of all its shares. The current price of the stock is ₹51.0 per share. It reached a high of ₹71.9 and a low of ₹36.2 in the past. The Stock P/E ratio of 24.2 indicates how much investors are willing to pay for each unit of earnings. The book value is ₹17.8, which represents the company's net asset value. The dividend yield is 0%, meaning the company doesn't pay dividends. ROCE (Return on Capital Employed) is 12.2%, and ROE (Return on Equity) is 5.47%, showing how effectively the company uses its capital and equity to generate profits. 

Here’s the financial information you provided, formatted in a simple table:

Quarterly Results 

Trident Texofab is a company that focuses on manufacturing and selling textiles, especially fabrics. The table shows important financial details about the company. The market cap is ₹51.3 crore, which means that's the total value of all its shares. The current price of the stock is ₹51.0 per share. It reached a high of ₹71.9 and a low of ₹36.2 in the past. The Stock P/E ratio of 24.2 indicates how much investors are willing to pay for each unit of earnings. The book value is ₹17.8, which represents the company's net asset value. 

Here’s a table for Mar 2024, Jun 2024, and Sep 2024, along with a detailed summary for each quarter:

(Rs. in crores)

About Trident Texofab

Trident Texofab is a textile company that started in 2008. It began as a trading business, selling home furnishing items like bedsheets, curtains, and upholstery. The company also sold other textile products, including scarves, pareos, suits, and shirting. Over the years, Trident Texofab grew steadily and became well-known for its quality. In 2017, the company went public and offered shares on the Bombay Stock Exchange (BSE) to help expand its operations.

In 2018, it started its first manufacturing plant in Surat, Gujarat, producing grey fabrics and finished garments. The company also offers services like embroidery, stitching, and digital printing. Today, Trident Texofab produces a variety of home furnishings, garments, and technical textiles, with an annual manufacturing capacity of about 25 million meters. The company continues to plan for more growth and expansion in the textile industry.