Trident Techlabs was listed in the market on 29 December 2023. In a few days, we going to get Trident Techlabs Q3 results 2024. The company has made a grand entry into the market. It is listed at Rs. 98.15 on NSE SME. There is a gain of 180% in a day, making it the strongest entry among all the newcomers. We will share details about Trident Techlabs Q3 results 2024 updates below. The company expects to be profitable for the quarter. Let us explore more about Trident Techlab’s annual reports and performance.
Trident Techlabs Q3 Results 2024 Date, Earnings, Net Profits, Sales Reports and Surge in Revenue
Trident Techlabs Q3 results 2024 may be released by January 2024 mid. However, official notification for Trident Techlabs Q3 results 2024 will be released soon. The main reason is that the company has recently been listed. It’s almost the end of the quarter. They will release their Q4 2024 results for sure. The company allots the share on 27 December 2023. Its GMP on the listing date was Rs. 40. The company has higher expectations. Trident Techlabs has been working successfully for years providing tech solutions to defense, telecommunications, semiconductor, and power distribution.
The company has posted its March 2022 results on the official website. Results for 2019 and 2020 are available. You can look at their performance and decide between buying their shares. Trident Techlabs made a total revenue from operations of Rs. 29,74,355.86 by March 2022. The revenue had an increase compared to its previous year for Rs. 28,19,725.5. However, income from other sources had a slight fall. The best thing is that Trident Techlab has worked on their expenses and has reduced them. The direct expenses, Administrative expenses, and Selling expenses had a fall. There was an increase in the EPS. The company expects to have profits for the upcoming quarter and year. However, the rest depends on the reports of the company.
Trident Techlabs shares are said to be listed on NSE SME at Rs. 98.15. The shares had a 180% gain on the first day. It is titled as the best-performing issue for the month. The price went up from Rs. 35 per share to Rs. 98.15. The Grey Market Premium was at Rs. 40. The share price is expected to grow further in the upcoming days. There are a lot of discussions going on about the company mentioning its profitability. The company will raise Rs. 16 crores as a fresh issue. The shares were fully subscribed. We hope you get enough details about Trident Techlabs Q3 2024 updates above.