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The Q2FY21, so far, witnessed robust numbers from IT, Pharma, Auto components, select banks, and cement sector companies.
Going forward, Trident’s operational turnaround will be predominantly driven by the extent and pace with which capacity utilisations at its plants scale up.
Budni plant is operating at 32 percent utilisation and major export revenue is coming from textile, says Pawan Jain, President of Trident.
Net profit increased 26 percent to Rs 78.45 crore year-on-year (YoY) and EBITDA rose 24 percent to Rs 247 crore (YoY).