TRIDENTNSETrident Limited· Textile ProductsHighPositive
Announced Wed, 21 May · 14:40 IST

Trident Limited has informed the Exchange that Board of Directors at its meeting held on May 21, 2025, declared Interim Dividend of 0.50 per equity share.

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TRIDENT · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Trident Limited's Board, at its May 21, 2025 meeting, approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, and declared a 1st Interim Dividend of INR 0.50 per equity share (50% on face value of INR 1) for FY 2025-26, with record date fixed as May 27, 2025. Standalone FY25 revenue from operations rose ~3.5% to INR 6,965.9 crore, but net profit declined ~5.8% to INR 366.8 crore (EPS INR 0.73 vs INR 0.78). On a consolidated basis, FY25 revenue grew ~2.6% to INR 6,987.1 crore and PAT rose ~5.9% to INR 370.7 crore. Q4 FY25 saw a sharp improvement, with standalone PAT more than doubling to INR 131.8 crore (vs INR 64.2 crore in Q4 FY24). The auditor (S.R. Batliboi & Co. LLP) issued an unqualified opinion but included an Emphasis of Matter on an Income Tax search under Section 132 conducted at the company's manufacturing locations, Indian subsidiaries, and residences of certain employees/key managerial personnel.

Likely market impact

The interim dividend of INR 0.50/share signals cash generation and shareholder returns despite a marginal dip in standalone annual profit. The Income Tax search and emphasis of matter note warrant monitoring for any potential tax liabilities, though the auditor's opinion remains unmodified.