Trident Ltd quarter 2 results are going to be released. The company majorly works in the Textile sector and it is a textile industry company. Shareholders are excited about the Trident Q2 Results 2024. The report will include revenue, sales, net profit, and earnings for the Jul-Sep q2 2023. Currently, the share price is moving to nearly Rs 36. Let’s read all the information here with each and every update about the Trident Ltd. financial report for FY24. The share price has surged for the past trading sessions and it hit the upper circuit in the recent trading session. Now it will be very exciting to see the earnings and other financial results of the company for the quarter 2 FY 2023-24.
Trident Q2 Results FY24: Earnings, Net Profit, Sales Report
Trident is the biggest company among the top textile companies in India. It has a huge market capitalization. For the past few days, the trident share has been looking strong and if the financial results of this stock go on the positive side, we will definitely see a bullish movement soon.
Previously, Trident Group reported a total income of Rs 1,550 crore, down by 10.65% YoY from Rs 1,685 crore in Q1 FY24. This was a decrease of less than 5% compared to last quarter, which logged in Rs 1,580 crore. After the Q1 results the stock fell over 9% and lost the positive momentum. But this time the bullish movement of its trident share indicates a strong sign of positive results. Now it will be interesting to see the Trident Q2 results 2024.
Rajinder Gupta is the chairman of Trident Group. Recently, the company launched an Industry-first Initiative ‘Chairman’s Golden Heart Club’ for employee welfare. Hopefully, the availability was enough and we will update more details shortly. Because of the festive season, the sales of the company must be grown in the latest quarter. The positive revenue of the company will push the share price which may strengthen the shareholder’s sentiments toward the stock. Read more business news on our website Business Patrika.