TRIDENTNSETrident Limited· Textile ProductsLowNeutral
Announced Fri, 1 Aug · 18:15 IST

Trident Limited has informed the Exchange regarding 'Business Responsibility and Sustainabily Report for FY 2024-25'.

TRIDENT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Trident Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 as part of its Annual Report, in line with SEBI (LODR) regulations. The company is mainly a textile manufacturer (85.54% of turnover, covering yarn, bath and bed linen) and paper manufacturer (14.46%), with exports contributing 53% of revenue across 100 countries. Total turnover stood at INR 70,253 million with a net worth of INR 46,103 million, and the workforce includes about 2,567 employees and 15,120 workers. On the ESG side, Trident has committed to Science Based Targets: a 42% cut in Scope 1 & 2 emissions by FY2031, a 32.5% reduction in Scope 3 by FY2034, and net-zero by FY2050, with 48.54% of capex (INR 1,035.7 million) spent on sustainability initiatives. Notable concerns flagged in the report include a sharp jump in permanent employee turnover (from 27% in FY23-24 to 40.57% in FY24-25) and a significant rise in customer complaints (from 78 to 452).

Likely market impact

This is a routine regulatory disclosure with no direct price impact, but investors should watch the rising employee attrition and customer complaint trend, which may signal operational or quality pressures. Strong ESG commitments and higher sustainability capex could attract ESG-focused funds, though gender diversity at 17% is still well below the company's 30% target for 2030.