Trident posts net loss of Rs 39.38 crore in Q1
Diversified business entity Trident Ltd posted a net loss of Rs 39.38 crore for the first quarter ended June 30, 2011, due to losses from ordinary activities.
By PTI |
NEW DELHI: Diversified business entity Trident Ltd on Wednesday posted a net loss of Rs 39.38 crore for the first quarter ended June 30, 2011, due to losses from ordinary activities.
The company had registered a net profit of Rs 10.59 crore in the first quarter of last financial year, it said in a filing to the Bombay Stock Exchange ( BSE).
For the three months ended June 30, 2011, Trident Ltd's net sales grew 19.49 per cent to Rs 696.73 crore, compared to Rs 583.08 crore in the corresponding quarter of the last year.
The company has operations in segments including yarn, textiles, chemicals, energy and paper.
Trident Ltd's scrips closed at Rs 13.79 per share, down 0.14 per cent from its previous close on the BSE.
The company had registered a net profit of Rs 10.59 crore in the first quarter of last financial year, it said in a filing to the Bombay Stock Exchange ( BSE).
For the three months ended June 30, 2011, Trident Ltd's net sales grew 19.49 per cent to Rs 696.73 crore, compared to Rs 583.08 crore in the corresponding quarter of the last year.
The company has operations in segments including yarn, textiles, chemicals, energy and paper.
Trident Ltd's scrips closed at Rs 13.79 per share, down 0.14 per cent from its previous close on the BSE.
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