Trident Limited announced robust financial results for the year ended March 31, 2026, reporting a standalone net profit of INR 3,760.6 million. The Board declared a 1st interim dividend of INR 0.50 per share. Additionally, the company is set to raise up to INR 500 crore through non-convertible debentures and has re-appointed Mr. Deepak Nanda as Managing Director for a three-year term starting September 5, 2026.
Annual Financial Highlights
For the financial year ended March 31, 2026, Trident Limited delivered steady results. The standalone revenue from operations stood at INR 66,811.6 million, with a net profit after tax of INR 3,760.6 million. On a consolidated basis, the company reported a total revenue of INR 67,010.5 million and a net profit after tax of INR 3,771.1 million.
Shareholder Returns and Dividends
The Board of Directors has declared a 1st interim dividend of INR 0.50 per fully paid-up equity share (a 50% payout on a face value of INR 1/- each) for the Financial Year 2026-27. The Record Date to determine eligibility for this dividend has been fixed for Saturday, May 23, 2026.
Strategic Leadership and Capital Raising
The Board has approved the re-appointment of Mr. Deepak Nanda as the Managing Director of the company for a three-year term, effective from September 5, 2026, to September 4, 2029, pending shareholder approval. Furthermore, the company plans to strengthen its capital structure by raising funds not exceeding INR 500 crore through the issuance of Non-Convertible Debentures.
Operational Adjustments
After a comprehensive review of business operations, the company has decided not to proceed with the incorporation of a proposed domestic wholly-owned subsidiary, determining that the entity is not required at this time. Additionally, the 36th Annual General Meeting is scheduled to be held on Friday, July 31, 2026.
Source: BSE
