Are Trident latest results good or bad?

Trident has reported its financial results for the quarter ending June 2025, showcasing notable operational trends. The company achieved a Profit Before Tax (PBT) of Rs 167.73 crore, reflecting a year-on-year growth of 92.53%. The Profit After Tax (PAT) also saw substantial growth, reaching Rs 139.96 crore, which is an increase of 89.8% compared to the previous year.
In terms of operational efficiency, Trident's operating profit reached a five-quarter high of Rs 291.86 crore, with an operating profit margin of 17.10%. This indicates a positive trend in the company's operational performance. The Earnings per Share (EPS) stood at Rs 0.27, marking the highest level in the last five quarters, which is favorable for shareholders.

On the liquidity front, Trident reported cash and cash equivalents of Rs 681.25 crore, the highest in the last six half-yearly periods, suggesting a strong liquidity position. Additionally, the Debtors Turnover Ratio improved to 23.47 times, indicating that the company is settling receivables more quickly.

However, the company faced challenges with rising interest costs, as quarterly interest expenses surged significantly to Rs 31.34 crore. Furthermore, while non-operating income reached Rs 20.01 crore, the highest in five quarters, there are concerns regarding the sustainability of this income stream.

Overall, the financial results indicate a mixed operational landscape for Trident, with strong profit growth and improved efficiency, alongside rising interest costs and questions about non-operating income sustainability. The company saw an adjustment in its evaluation based on these results.