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Trident reports 80% rise in Q4 net profit

13 May 2019 Evaluate

Trident has reported results for fourth quarter and year ended March 31, 2019.

The company has reported a rise of 80.06% in its net profit at Rs 92.57 crore for the quarter under review as compared to Rs 51.41 crore for the same quarter in the previous year. Total income of the company increased by 19.24% at Rs 1,416.50 crore for Q4FY19 as compared Rs 1,187.94 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a rise of 39.52% in its net profit at Rs 370.92 crore as compared to Rs 265.86 crore for the previous year. Total income of the company increased by 13.47% at Rs 5265.27 crore for year under review as compared to Rs 4640.34 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a rise of 39.68% in its net profit at Rs 371.77 crore as compared to Rs 266.15 crore for the previous year. Total income of the company increased by 14.20% at Rs 5292.04 crore for year under review as compared to Rs 4633.87 crore for year ended March 31, 2018.

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