Trident reports Rs 1.76 bn profit, plans major textile and paper expansion.
Trident Limited reported a 93.1 per cent year-on-year increase in consolidated net profit to Rs 1.76 billion for the second quarter ended September 30, 2026, compared with Rs 910 million in Q2 FY26. Consolidated total income declined 3.67 per cent to Rs 17.37 billion, while EBITDA rose 45.25 per cent to Rs 3.37 billion. EBITDA margin improved by 653 basis points to 19.37 per cent.
For the first half of FY27, consolidated total income stood at Rs 35.40 billion, up 0.3 per cent year-on-year. EBITDA increased 20 per cent to Rs 6.53 billion, while net profit grew 45 per cent to Rs 3.34 billion. The company reduced its net debt to Rs 7.22 billion as of September 30, 2026, from Rs 10.25 billion at the end of June.
The company’s board also approved a Rs 46.5 billion expansion and modernisation programme covering its textile and paper businesses. The investment includes capacity additions in yarn, sheeting and paper manufacturing, a new yarn production facility at Dhar in Madhya Pradesh, and a 60 MW hybrid renewable energy project.
Deepak Nanda, Managing Director, Trident Limited, attributed the improved profitability to operational efficiencies, cost optimisation, an enhanced product mix and disciplined execution. He said the expansion would strengthen manufacturing capabilities, improve cost competitiveness and support sustainable growth across global markets.
During the quarter, the yarn business recorded revenue of Rs 10.19 billion, while home textiles and paper and chemicals generated Rs 8.82 billion and Rs 2.88 billion, respectively.