Textile and paper products manufacturer Trident Limited reported mixed earnings for the March quarter, with consolidated revenue declining 12.4% year-on-year to ₹1,632.53 crore compared to ₹1,864.34 crore in Q4FY25. According to reports from LiveMint, total income for the quarter stood at ₹1,650.11 crore against ₹1,883.36 crore a year ago. Despite lower revenue, the company demonstrated improved sequential profitability with net profit rising to ₹102 crore compared to ₹44.24 crore in Q3FY26 and ₹133.42 crore in the corresponding quarter last year. As per The Economic Times, profit before tax stood at ₹146 crore against ₹172 crore in Q4 FY25, while total expenses during the quarter were ₹1,507 crore compared to ₹1,712 crore in Q4 FY25. Finance costs increased significantly to ₹322 crore from ₹26 crore in the previous year, while depreciation expenses remained elevated at ₹697 crore.
During the quarter, Trident's diversified business segments showed varied performance across product categories. As reported by LiveMint, the yarn segment generated revenue of ₹851.25 crore, while the towel business contributed ₹601.12 crore. The bedsheets segment reported revenue of ₹210.57 crore, and the paper and chemicals division contributed ₹296.83 crore to the quarterly performance. According to The Economic Times, bedsheet revenue came in at ₹211 crore and paper and chemicals revenue rose to ₹297 crore. Segment profit improved in towels and paper businesses on a sequential basis, helping overall profitability recover from the previous quarter.
For the complete financial year FY26, Trident reported consolidated revenue from operations of ₹6,701.05 crore, which was slightly lower than ₹6,987.08 crore reported in FY25. According to LiveMint, total income for the year stood at ₹6,775.16 crore compared to ₹7,047.23 crore in the previous financial year. The company showed improved profitability with profit before tax increasing to ₹519.93 crore from ₹474.55 crore in FY25, while net profit improved marginally to ₹377.11 crore compared to ₹370.73 crore reported in the previous year. As per The Economic Times, annual net profit increased 1.7% to ₹377 crore from ₹371 crore in the previous year, while profit before tax rose to ₹520 crore from ₹475 crore.
The board approved significant corporate actions for the upcoming financial year. According to The Economic Times, the board approved an interim dividend of ₹0.50 per equity share for FY27. Additionally, the board approved fundraising of up to ₹500 crore through non-convertible debentures, indicating the company's plans for expansion and growth initiatives. Earnings per share for the quarter stood at ₹0.20 compared with ₹0.25 in Q4 FY25, reflecting the impact of lower revenue on per-share metrics despite improved sequential performance.
