Trident Limited announced the outcome of its Board meeting held on February 09, 2026, approving the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025 (Q3 FY2026). Key events include the confirmation of the divestment of the entire stake in Trident Home Textiles Limited, clarification on international trade dynamics, and the auditor’s review report highlighting the impact of an earlier Income Tax Department search.
Approval of Q3 FY2026 Financial Results
The Board of Directors of Trident Limited, following its meeting on February 09, 2026, formally approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. These results are being submitted in compliance with regulatory requirements.
Key Financial Highlights (Standalone)
For the quarter ended December 31, 2025, the company reported Total Income of INR 15,862.3 million. Profit before tax (PBT) stood at INR 595.2 million, resulting in a Net Profit after tax of INR 422.6 million. For the nine-month period ended the same date, Total Income reached INR 51,095.4 million, with a PBT of INR 3,714.1 million and a Net Profit after tax of INR 2,740.3 million.
Consolidated Performance Summary
On a consolidated basis for the quarter ended December 31, 2025, Total Income was INR 15,949.1 million. The consolidated PBT was INR 617.9 million, yielding a Net Profit after tax attributable to equity holders of the parent of INR 442.4 million. Over the nine months, consolidated Total Income was INR 51,250.5 million, with a PBT of INR 3,734.9 million.
Significant Business Updates and Corporate Actions
Several critical business developments were noted:
- Divestment: The entire shareholding in the wholly owned subsidiary, Trident Home Textiles Limited (THTL), was approved for disinvestment during the quarter ended June 30, 2025, with the transaction completing on June 17, 2025. THTL subsequently ceased to be a subsidiary.
- Investment in Associate: The company increased its stake in Trident Global Corp Limited (TGCL) to 30.42% during the quarter ended September 30, 2025, with TGCL now classified as an Associate (effective September 09, 2025).
- Subsidy Income: Final subsidy sanction orders for yarn and Terry towel expansion projects were received in May 2025, leading to the accrual of cumulative Interest subsidy income of INR 367 million in the year ended March 31, 2025.
- Trade Dynamics: The company noted risks from international trade dynamics, particularly US export duties, but indicated that the recent India-US trade deal reduced tariffs from 50% to 18%, which is expected to ease overall exports.
Emphasis of Matter by Auditors
The independent auditors, S.R. Batliboi & Co. LLP, drew attention to Note 7 regarding a search conducted by the Income Tax Department in October 2023 across various company locations. While assessment orders have been received for several assessment years, management is filing appeals and does not anticipate material adjustments being required for these unaudited results.
Furthermore, management confirmed that new Indian Labour Codes (notified in November 2025) are not expected to have a financial impact on standalone results for Q3 FY2026, as basic wages constitute more than 50% of total remuneration.
Source: BSE
