For the quarter ended June 30, 2013, Trident’s yarn segment revenues climbed 18 per cent. Higher realizations consequent to improved contribution from value-added products like mélange yarn enabled topline growth. This was despite a marginal increase in sales volumes. PBIT margins improved from 6.2 per cent to 16.8 per cent driven by cost optimization measures along with improving realizations resultant to enhanced product mix towards value-added products.

In terry towel lower sales volumes moderated topline performance -- partly mitigated by improved realizations on account of higher sale of value-added products. Despite lower sales volumes, profitability was flat given various cost rationalization initiatives combined with a change in the product mix towards value-added products.

Trident, the flagship company of the Trident Group, is a leading manufacturer and exporter of textiles and paper products. The group is broadening its reach and strengthening its partnership with suppliers and customers.