Trident reports 93% net profit rise in Q2 FY27

Trident Limited has announced its financial results for the second quarter ended September 30, 2026 (Q2FY27). The company reported a consolidated net profit of INR 176 Crore, marking a substantial increase of 93.09% year-on-year. This growth was driven by resilient performance, strong profitability, and a planned INR 4,650 crore expansion and modernization program.

Trident Limited Announces Strong Q2FY27 Financial Performance

Trident Limited, a leading Indian conglomerate, has declared its financial results for the second quarter and half year ended September 30, 2026. The company showcased a robust performance, particularly in profitability, alongside an aggressive expansion strategy.

Q2FY27 Financial Highlights

For the second quarter of FY27 (Q2FY27), Trident Limited reported a consolidated Net Profit of INR 176 Crore. This represents a significant year-on-year (YoY) increase of 93.09%. The consolidated EBITDA for the quarter stood at INR 337 Crore, up 45.25% YoY, with an EBITDA margin of 19.37%. Consolidated Total Income for the quarter was INR 1737 Crore.

H1FY27 Performance

In the first half of FY27 (H1FY27), the consolidated Net Profit surged by 45% YoY to INR 334 Crore. Consolidated Total Income for the half year was INR 3540 Crore, a slight increase of 0.3% YoY. The consolidated EBIDTA reached INR 653 Crore, up 20% YoY. Additionally, the company successfully reduced its Net Debt by INR 304 Crore, standing at INR 722 Crore as of September 30, 2026.

Strategic Expansion Approved

The Board of Directors has approved a significant INR 4,650 crore expansion and modernization program. This investment underscores the company’s confidence in the long-term growth potential of the textile and paper sectors. The proposed investments include substantial capacity additions in yarn and sheeting businesses, the establishment of a new yarn manufacturing facility in Dhar, Madhya Pradesh, and the development of a 60 MW hybrid renewable energy project. These initiatives are aimed at enhancing manufacturing capabilities, improving operational efficiencies, strengthening cost competitiveness, and ensuring sustainable operations.

Management Commentary

Mr. Deepak Nanda, Managing Director, Trident Limited, commented, “During Q2FY27, Trident Limited delivered a resilient performance with consolidated revenue of INR 1,737 crore and EBITDA of INR 337 crore, resulting in an EBITDA margin of 19.4%, an improvement of 653 bps over the corresponding quarter last year. The quarter witnessed strong growth in profitability, with Profit Before Tax increasing by 87.6% to INR 232 crore and Net Profit rising by 93.1% to INR 176 crore over the corresponding quarter last year, supported by our continued focus on operational excellence, cost optimization, product mix enhancement, and disciplined execution across businesses.”

He added, “As we continue to focus on profitable growth and value creation, this strategic expansion will position Trident to capitalize on future opportunities, serve customers more effectively across global markets, and create sustainable long-term value for all stakeholders”.

Business Segments Performance (Q2FY27)

  • Yarn business consolidated revenue: INR 1019 Crore.
  • Home Textile business consolidated revenue: INR 882 Crore.
  • Paper and Chemicals business consolidated revenue: INR 288 Crore.

Source: BSE

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