TRIDENT

** Shares of Indian textile firms fall between 2% and 5%

** Gokaldas Exports GOKL.NS loses the most among the pack, down 5.25%

** Welspun Living WLSP.NS down 3.27%, Arvind ARVN.NS falls 2.28%, KPR Mill KPRM.NS loses 1.83%

** Indo Count ICNT.NS and Trident TRIE.NS retreat 2.87% and 3.32% respectively

** Drop amid a weaker broader market, with benchmark Nifty 50 index .NSEI down 0.3% on the day .BO

** Markets unsettled over absence of a long-awaited India-US trade deal, concerns that US President Donald Trump may hike tariffs on Indian goods, analysts say

** Indian goods face up to 50% US tariffs since last year; textiles are among the key export sectors

** In 2025, GOKL shed the most among the pack, down ~35%

(Reporting by Komal Salecha and Hritam Mukherjee in Bengaluru)

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Jan 6 (Reuters) - Trident Ltd TRIE.NS:

• TRIDENT LTD - APPROVES ACQUISITION OF MYTRIDENT.COM LIMITED

Source text: ID:nBSE4P7XbL

Further company coverage: TRIE.NS

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Jan 2 (Reuters) - Trident Ltd TRIE.NS:

• RAHUL ROONGTA RESIGNS AS GROUP CFO

Source text: ID:nNSE5bZRBg

Further company coverage: TRIE.NS

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Nov 13 (Reuters) - Trident Ltd TRIE.NS:

• SEPT-QUARTER CONSOL NET PROFIT 909.3 MILLION RUPEES

• SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 17.87 BILLION RUPEES

Source text: ID:nBSEb9Vrvy

Further company coverage: TRIE.NS

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** Shares of Trident TRIE.NS jump 3% to 28 rupees

** Textile firm's board approves investment of up to 2.5 billion rupees in Trident Global aiming to strengthen its domestic brand presence

** Move will leverage existing manufacturing and mitigate geopolitical risks like U.S. tariffs, co says

** Last week, India extended an import duty exemption on cotton until the end of December to support local garment industry that has been hit by 50% U.S. tariffs

** Stock down 15% YTD

(Reporting by Urvi Dugar)

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** Indian textile stocks down between 1% and 3%

** Trump executive order imposes additional 25% tariff on goods from India for Russian oil trade

** KPR Mill KPRM.NS leads decline with 2.6% drop, Gokaldas Exports' GOKL.NS down 2.2%

** Welspun Living WLSP.NS, Vardhman Textiles VART.NS Indo Count ICNT.NS down ~2%; Trident TRIE.NS drops 1%

** WLSP, GOKL, ICNT, TRIE derive 40%-70% of their revenues from the U.S.

** They fell 3%-7% on July 31 when Trump announced 25% tariffs on Indian products, along with undisclosed penalty for New Delhi's trade with Moscow

(Reporting by Kashish Tandon in Bengaluru)

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By Manoj Kumar, Rajendra Jadhav and Dhwani Pandya

NEW DELHI/MUMBAI, July 31 (Reuters) - India's apparel and jewellery exporters are bracing for a drop in orders from their biggest market and could cut jobs after U.S. President Donald Trump announced a 25% tariff on Indian imports starting on Friday, industry executives said.

Several garment exporters, who had hoped for a bilateral trade deal and were preparing for a rise in orders from U.S. retailers such as Walmart and Costco, have now halted expansion plans as they await the outcome of negotiations, they said.

Key garment exporters including Welspun Living WLSP.NS, Gokaldas Exports GOKL.NS, Indo Count ICNT.NS and Trident TRIE.NS, make 40%-70% of their sales in the United States. Higher tariffs could shift orders to Vietnam, which now has lower U.S. duties of 20%.

The United States is India's largest market for garment and jewellery, with nearly $22 billion in exports in 2024. India has a 5.8% share in the U.S. garment market, behind China, Vietnam and Bangladesh.

"We were getting ready for expansion, expecting 10%-15% tariffs under the U.S. deal," said Gautam Nair, director at Matrix Design and Industries Pvt Ltd, a subsidiary of India's largest garment exporter Gokaldas Exports.

Gokaldas U.S. clients include GAP, Walmart WMT.N and JCPenney.

"Trump's tariff announcement has come as a shock, and if implemented, the 25% duty will severely impact exports," Nair said, adding that India's apparel sector already faces higher costs than leading competitors Bangladesh and Vietnam.

'IMMENSE PRESSURE'

In Tirupur, a textile hub in southern Indian concerns are mounting, with exporters pinning their hopes on a bilateral trade deal to put a quick end to the uncertainty.

The two countries are still holding talks in a bid to reach a deal.

"If U.S. business declines, factories will start poaching each other's customers," said Naveen Michael John, executive director at Cotton Blossom India, which supplies Walmart and Bass Pro Shops.

India's gems and jewellery sector, also heavily reliant on U.S. buyers, is already under pressure. Exports of cut and polished diamonds sank to their lowest in nearly two decades in the 2024/25 fiscal year due to weak U.S. and Chinese demand.

The U.S. accounts for nearly one-third of India's $28.5 billion in annual gems and jewellery exports.

"A blanket tariff of this magnitude will inflate costs, delay shipments, distort pricing, and place immense pressure on every part of the value chain - from lower level worker to large manufacturers," said Kirit Bhansali, chair of the Gem & Jewellery Export Promotion Council (GJEPC).

Looking ahead to the U.S. holiday season, exporters are urging the government to find a way to restore stability before September, giving them time to ramp up seasonal production.

"Without a trade deal, exports won't recover," said one jewellery exporter in Surat, India's diamond-polishing hub.

"We'll be forced to cut production and jobs."

(Reporting by Manoj Kumar, Rajendra Jadhav, Dhwani Pandya;
Editing by Helen Popper)

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** Shares of Trident TRIE.NS rise as much as 5.4% to 33.9 rupees, highest since May 25

** Textiles firm posts a nearly 90% rise in first-quarter profit; lower raw material and employee costs offset decline in sales

** Revenue from operations down 2% Y/Y

** More than 11.2 shares change hands, 1.1x of 30-day avg

** Stock down 0.6% YTD

(Reporting by Rudra Pratap Singh in Bengaluru)

(([email protected]))

July 24 (Reuters) - Trident Ltd TRIE.NS:

• Q1 CONSOL NET PROFIT 1.4 BILLION RUPEES

• Q1 CONSOL REVENUE FROM OPERATIONS 17.07 BILLION RUPEES

• RAISING OF FUNDS FOR AN AMOUNT NOT EXCEEDING 5 BILLION RUPEES

• RAISING OF FUNDS BY ISSUE OF NON-CONVERBLE DEBENTURES

Source text: ID:nnAZN499KKZ

Further company coverage: TRIE.NS

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** Shares of India's textile companies rise as much as 11% after U.S. announces 35% tariffs on Bangladesh, while President Donald Trump hints at deal with India

** Alok Industries ALOK.NS surges 11%, while KPR Mill KPRM.NS and Vardhman Textiles VART.NS add 5.2% and 6.8%, respectively

** Gokaldas Exports GOKL.NS, Indo Count Industries ICNT.NS and Trident TRIE.NS rise around 7%, 6% and 5%, respectively

** Bangladesh is one of the key exporters of ready-made garments to the U.S., and competes directly with Indian garment manufacturers

** "If India manages to sign favourable deal with U.S., we might see lower tariffs on ready-made garment exports compared with other countries such as China, Vietnam and Bangladesh," says ICICI Securities

** Adds that scenario for Indian textile manufacturers is positive as of now

(Reporting by Vivek Kumar M)

(([email protected];))

July 1 (Reuters) - Trident Ltd TRIE.NS:

• GETS SHOW CAUSE NOTICE FOR ALLEGED TAX DUES OF 518.7 MILLION RUPEES

Source text: ID:nNSEb8bVP4

Further company coverage: TRIE.NS

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June 17 (Reuters) - Trident Ltd TRIE.NS:

• TO DISINVEST ENTIRE SHAREHOLDINGS IN THTL

• CONSIDERATION RECEIVED 10.7 MILLION RUPEES

Source text: ID:nBSE4Lnbzh

Further company coverage: TRIE.NS

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** Shares of textiles maker Trident Ltd TRIE.NS jump 11.6% to 32.9 rupees

** Co reports Q4 profit of 1.33 billion rupees, up more than 100% y/y, helped by higher demand for its towels

** TRIE was trading 0.8% lower before the results

** Stock set for biggest one-day pct gain since January 2024

** Stock turns YTD positive, up 0.6%

(Reporting by Nandan Mandayam in Bengaluru)

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** India's textile stocks surge for second consecutive session after Britain and India clinch landmark trade deal

** Welspun Living WLSP.NS, Gokaldas Exports GOKL.NS, and S.P. Apparel SPAP.NS jump 7.4%-7.6%, all three hit three-month highs

** KPR Mill KPRM.NS jumps over 6% to hit lifetime high

** The deal, between the world's fifth and sixth largest economies, has been concluded after three years of stop-start negotiations and aims to increase bilateral trade by a further 25.5 billion pounds ($33.90 billion) by 2040

** UK imports ~$25 billion of textiles per year, which is dominated by China (21%) and Bangladesh (13%), while India's share is 5%-6%, Jefferies says

** The new deal, which paves way for zero tariffs on most textile imports into UK, puts Indian companies at par with Bangladesh and Pakistan, and at an advantage compared to China - brokerage

** Among other textile stocks, Trident TRIE.NS, Arvind Ltd ARVN.NS, and Alok Industries ALOK.NS up 2.6%, 3.4%, and 5.5%, respectively

($1 = 0.7522 pounds)

(Reporting by Vivek Kumar M)

(([email protected]))

** Shares of textile and paper co Trident TRIE.NS down 5.56% to 29.38 rupees

** Stock set for biggest one-day pct decline since May 2024

** Co, which supplies to major retailers such as Walmart WMT.N, reports 27% decline in Q3 profit on inflation-led cool down in demand; revenue drops 9%

** Including session's loss, stock extends 12-month decline to 38.3%

(Reporting by Ananta Agarwal in Bengaluru)

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Jan 24 (Reuters) - Trident Ltd TRIE.NS:

• Q3 CONSOL NET PROFIT 797 MILLION RUPEES

• Q3 CONSOL REVENUE FROM OPERATIONS 16.67 BILLION RUPEES

Source text: ID:nBSE4bFjjR

Further company coverage: TRIE.NS

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Jan 14 (Reuters) - Trident Ltd TRIE.NS:

• TRIDENT LTD - TRIDENT GROUP ENTERPRISES ACQUIRES THTL TRADING

• TRIDENT LTD - COST OF ACQUISION IS AED 38,500

Source text: ID:nBSE5v5nl5

Further company coverage: TRIE.NS

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Dec 9 (Reuters) - Trident Ltd TRIE.NS:

• PLANS TO INVEST AN ADDITIONAL 30 BILLION RUPEES IN MADHYA PRADESH'S TEXTILE SECTOR

• GROUP TO INCREASE EMPLOYMENT FROM 12,000 TO OVER 15,000

Source text: ID:nBSE6sjZVP

Further company coverage: TRIE.NS

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Nov 6 (Reuters) - Trident Ltd TRIE.NS:

• TRIDENT Q2 CONSOL NET PROFIT 831.9 MILLION RUPEES

• TRIDENT Q2 CONSOL REVENUE FROM OPERATIONS 17.13 BILLION RUPEES

• TRIDENT - APPOINTMENT OF AVNEESH BARUA AS CFO

Source text: ID:nnAPN2DGHIH

Further company coverage: TRIE.NS

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** Shares of Indian textile companies and garment makers surge between 3-11%

** Welspun Living WLSP.NS climbs 9%, Trident TRIE.NS up 8%, Gokaldas Exports GOKL.NS jumps 11%

** KPR Mill KPRM.NS rises 6%, Arvind ARVN.NS gains 4.3%, Arvind Fashions ARVF.NS is up 3.5%, Go Fashion GOFA.NS gains 3%

** Political unrest in Bangladesh is expected to disrupt the country's clothing industry, potentially affecting global apparel retailers

** Bangladesh was the third-largest clothing exporter in the world last year

** There are some hopes that because of political unrest, big brands outsourcing their manufacturing in Bangladesh may see India as an option - Pratik Tholiya, analyst with Systematix

** Some of the business may come to India. But, the manufacturing setup in India is not as robust as Bangladesh - Tholiya

(Reporting by Sethuraman NR in Bengaluru)

(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))

BENGALURU, July 24 (Reuters) - Indian textiles firm Trident TRIE.NS reported a 21% fall in its first-quarter profit on Wednesday as it struggled to keep a tight lid on expenses amid rising cotton prices.

The company supplies to stores including Shoppers Stop SHOP.NS, DMart AVEU.NS and online retailers Flipkart and Myntra.

Cost of cotton, a key raw material for Trident, has been elevated for more than a year, hurting profits.

Trident reported a consolidated net profit of 737.3 million rupees ($8.8 million) for the quarter ended June 30, compared with 934 million rupees a year earlier.

The company's revenue from operations rose 17% to 17.43 billion rupees during the quarter from a year ago.

However, cost of raw materials rose nearly 18% during the quarter, causing a near 20% surge in total expenses.

This ate into the company's profit.

Trident's core yarn segment, the key revenue contributor, saw a 49% surge in revenue. The smaller paper and chemicals segment saw a near 5% drop in revenue, as paper prices continued to be under pressure due to heavy imports.

Shares of Trident closed 1.3% higher ahead of results.

($1 = 83.6810 Indian rupees)

(Reporting by Ashna Teresa Britto in Bengaluru; Editing by Mrigank Dhaniwala)

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June 11 (Reuters) - Trident Ltd TRIE.NS:

• UNIT TRIDENT HOME TEXTILES HAS MADE FURTHER INVESTMENT IN SUBSIDIARY TRIDENT GLOBAL B.V

• 15000 ORDINARY SHARES OF TRIDENT GLOBAL B.V. ACQUIRED AT EURO 1 EACH PER SHARE

Further company coverage: TRIE.NS

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June 6 (Reuters) - Trident Ltd TRIE.NS:

• TRIDENT LTD - UPDATE ON FIRE ACCIDENT IN MANUFACTURING FACILITIES AT DHAULA, PUNJAB

• TRIDENT LTD - FIRE RESULTED IN MAJOR DAMAGE TO RAW MATERIAL AND ADJACENT AREAS

• TRIDENT LTD - NO CASUALTIES WERE REPORTED AND THERE HAS BEEN NO DAMAGE TO PLANT & MACHINERY

• TRIDENT LTD - OPERATIONS WERE SUSPENDED AS PRECAUTIONARY MEASURE AND ARE RESUMED TODAY

• TRIDENT LTD - ACTUAL QUANTUM OF LOSS / DAMAGE IS BEING ASCERTAINED

Source text for Eikon: ID:nBSEXD7Lx

Further company coverage: TRIE.NS

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** Shares of Trident TRIE.NS fall 6% to 38.1 rupees

** The textile retailer posted a 56% drop in Q4 consolidated net profit to 566.1 mln rupees ($6.8 million) as demand for its bedsheets, paper and towel products fall

** More than 10.8 mln shares change hands, 1.2x its 30-day avg

** Stock down 3% so far in May

($1 = 83.3270 Indian rupees)

(Reporting by Ashna Teresa Britto in Bengaluru)

(([email protected] ; ( +91 8078332441))

May 20 (Reuters) - Trident Ltd TRIE.NS:

• COMMISSIONED ADDITIONAL CAPACITY OF 5.9 MWP ROOFTOP SOLAR POWER PROJECT AT BUDHNI, MADHYA PRADESH

• TOTAL INSTALLED CAPACITY OF SOLAR POWER PLANT AT BUDHNI FACILITY, MADHYA PRADESH HAS REACHED 40.9 MWP

Further company coverage: TRIE.NS

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May 7 (Reuters) - Trident Ltd TRIE.NS:

• TO CONSIDER RAISING OF FUNDS

Source text for Eikon: ID:nBSEbcb4Xq

Further company coverage: TRIE.NS

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May 3 (Reuters) - Trident Ltd TRIE.NS:

• COMMISSIONED ADDITIONAL CAPACITY OF 5.5 MWP ROOFTOP SOLAR POWER PROJECT AT MADHYA PRADESH

• TOTAL INSTALLED CAPACITY OF SOLAR POWER PLANT AT BUDHNI FACILITY, MADHYA PRADESH HAS REACHED 35.0 MWP

Further company coverage: TRIE.NS

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April 10 (Reuters) - Trident Ltd TRIE.NS:

• COMMISSIONED CAPACITY OF 1.1 MWP SOLAR POWER PROJECT AT BUDHNI, MADHYA PRADESH

• TOTAL INSTALLED CAPACITY OF ROOF TOP SOLAR POWER PLANT REACHED 29.5 MWP

Source text for Eikon: ID:nBSE3gRvY2

Further company coverage: TRIE.NS

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** Shares of Trident TRIE.NS up 5.9% at 38.7 rupees

** The textiles maker said on Saturday that it has increased the capacity of its bath linen business in Madhya Pradesh state

** Co added 42 more looms, with an investment of 1.32 bln rupees ($15.8 mln)

** Including session's gain, stock is up 6.5% YTD

($1 = 83.3690 Indian rupees)

(Reporting by Navamya Ganesh Acharya in Bengaluru)

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March 29 (Reuters) - Trident Ltd TRIE.NS:

• TRIDENT LTD - COMPANY HAS FULLY REDEEMED NON-CONVERTIBLE DEBENTURES AGGREGATING TO 250 MILLION RUPEES

Source text for Eikon: ID:nBSE6zc4kT

Further company coverage: TRIE.NS

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