TRIDENT.NSE

Trident Ltd

Punjab indutry and power minister Sanjeev Arora, told Mint that the state has got an investment of about ₹57,000 crore with big-ticket names like JSW, Vardhman Steel, Trident, IOL Chemicals, Verka Beverages and Fortis.

Trident has clocked its third deal from its debut PE fund, which hit first close last year.

Trident Limited is hiring over 3,000 employees for various technical and operational roles, including operators and electricians. The recruitment aligns with national goals of skill development and job creation in textile manufacturing. The company aims to strengthen its workforce and contribute to India's manufacturing leadership.

Indian towel and bedsheet maker Trident reported a 44% fall in profit on Monday, as a U.S. tariff-triggered slowdown in exports squeezed sales during the third quarter. Consolidated net profit came in at 442.4 million Indian rupees ($4.88 million) for the three months ended December 31, compared to 797 million rupees a year earlier, according to a regulatory filing. Overall revenue dropped 6% to 15.74 billion rupees. Revenue from its bedsheets business, which brings in a fifth of its topline, dropped by a third, while its towel sales dropped by 2%. Trident supplies to many U.S. retailers, including Walmart , Macy’s and Target, bringing in more than 40% of its revenue from the United States. Other countries, including Europe, contribute roughly 16%. Indian textile exporters had reeled under the impact of steep U.S. tariffs for several months, with some seeking new buyers in Europe and offering discounts to U.S. customers to stay afloat. Earlier this month, U.S. President Donald Trump announced a trade deal with India, slashing tariffs on Indian goods to 18% from up to 50%, just days after New Delhi struck a separate deal with the European Union, offering much-needed relief for exporters.