Trident Q2 Net Profit Rises 93%; Board Approves Rs 4,650 Crore Expansion
Trident Limited reported a 93.1% year-on-year increase in consolidated net profit to Rs 176 crore for the second quarter ended September 30, 2026, supported by improved operational performance and cost optimisation.
Consolidated total income stood at Rs 1,737 crore, down 3.7% from Rs 1,803 crore in the corresponding quarter last year. EBITDA rose 45.3% to Rs 337 crore, while the EBITDA margin expanded by 653 basis points to 19.37%. Profit before tax increased 87.6% to Rs 232 crore.
On a sequential basis, EBITDA grew 6.4% and net profit increased 11.1%, despite lower total income.
The company’s Board approved a Rs 4,650 crore expansion and modernisation programme covering capacity additions in yarn, sheeting and paper, a new yarn manufacturing facility at Dhar, Madhya Pradesh, and a 60 MW hybrid renewable energy project.
Commenting on the results, Deepak Nanda, Managing Director, Trident Limited, said, “During Q2FY27, Trident Limited delivered a resilient performance with consolidated revenue of Rs 1,737 crore and EBITDA of Rs 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 Rs 232 crore and Net Profit rising by 93.1% to Rs 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, “Pleased to update that the Board has approved Rs 4,650 crore expansion and modernization programme, underscoring our confidence in the long-term growth potential of the textile and paper sectors. The proposed investments include significant capacity additions in yarn, sheeting, and paper businesses, establishment of a new yarn manufacturing facility at Dhar, Madhya Pradesh and development of a 60 MW hybrid renewable energy project. These investments will enhance our manufacturing capabilities, improve operational efficiencies, reinforce our cost competitiveness and make our operations sustainable.”
Further he said, “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.”
For the first half of FY27, consolidated total income increased 0.3% year-on-year to Rs 3,540 crore. EBITDA rose 20% to Rs 653 crore, while net profit grew 45% to Rs 334 crore.
Net debt declined to Rs 722 crore as of September 30, 2026, compared with Rs 1,025 crore at the end of June.
