Textiles company Trident announced Q1FY24 results: Net Revenue in Q1FY24 is Rs 14,782 million as compared to Rs 16,717 million in Q1FY23. EBIDTA for Q1FY24 stood at Rs 2,393 million which translates into a 16.2% EBITDA margin. Profit after tax for Q1FY24 was reported at Rs 903 million with a PAT margin of 6.1%. Net Debt to EBITDA has increased slightly to 1.17x, showcasing the company’s dedication to improving its obligations. Net Debt to Equity also increased to 0.28x in Q1FY24. Net Debt stood at Rs 11,171 million as on 30th June 2023. Granted patent for the “Process of manufacturing a fabric with homogeneous pores” by the European Patent Office. Result PDF