Trident Ltd. Q1 results; consolidated net profit declines by 91.74 per cent YoY in FY21
Trident Ltd., a flagship of Trident Group, announced its first quarter results on July 18, 2020. The company posted a consolidated net profit of Rs 10.11 crore for Q1FY2, which declined by 91.74 per cent, as compared to Q1FY20 when it reported Rs 1,22.43 crore.
The consolidated net sales reported in Q1FY21 came in at Rs 708.54 crore, which declined by 46 per cent YoY from Rs 1,312.15 crore in Q1FY20.
At EBITDA level, the company stood at Rs 113.18 crore in Q1FY21 that decreased by 61.72 per cent YoY. For Q1FY20, it posted an EBITDA of Rs 295.66 crore.
EBITDA margin as of Q1FY21 was at 15.97 per cent that declined by 6.56 per cent YoY. The net profit margin in Q1FY21 came in at 1.43 per cent, which declined by 7.90 per cent YoY. The net profit margin in Q1FY20 was at 9.33 per cent.
The stock, on Friday closed with a growth of 2.42 per cent at Rs 6.36 on BSE.
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Particulars
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Q1FY21 (Rs in cr)
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Q1FY20 (Rs in cr)
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per cent change
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Net Profit
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10.11
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122.43
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-91.74
|
|
Net Sales
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708.54
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1,312.15
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-46.00
|
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Operating Profit
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113.18
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295.66
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-61.72
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EBITDAM%
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15.97
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22.53
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-6.56
|
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PATM%
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1.43
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9.33
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-7.90
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