Ludhiana headquartered Trident Limited has nearly doubled its consolidated net profit for the quarter ending September 30, 2026, which climbed 93.09% to Rs 175.5 crore, against Rs 90.9 crore a year earlier.
The Trident Group, led by Rajinder Gupta, also unveiled a Rs 4,650 crore programme to expand and modernise its plants, and trim its net debt.
EBITDA Also Jumps
EBITDA amounted to Rs 313.7 crore, up from Rs 214.1 crore or an increase of 46.5% over the three months period ending September 2025.
In the reporting quarter EBITDA margin stood at 18.2%, expanding by 620 bps year on year from 12%
Revenue from operations in the quarter under review stood at Rs 1,719.48 crore, down 3.8% from Rs 1,787.17 crore in the comparable quarter of earlier fiscal.
Investment Pipeline
The board sanctioned a Rs 4,650 crore outlay to enlarge and upgrade production capacity. Funds will be channelled into the yarn, sheeting and paper operations.
The biggest commitment in Trident’s capital programme is a Rs 1,660 crore greenfield spinning unit at Dhar in Madhya Pradesh, designed around 1,99,680 spindles.
The company has already secured 179.2 acres of leasehold land for the site, paying roughly Rs 106.09 crore, and expects the plant to come on stream by September 2029.
Trident will also commit Rs 1,022 crore to expanding and upgrading its current spinning plant at Budhni, also in Madhya Pradesh which will be commissioned by December 2027.
The scheme adds 99,840 spindles, retires 48,000 ageing spindles in favour of 70,176 new ones geared towards finer-count yarns, and swaps 960 old rotors for 2,400 new units.
Meanwhile, the sheeting division is set to receive Rs 1,018 crore to install 336 additional looms, lifting installed loom capacity from 504 to 840.
Finally, Rs 654 crore has been set aside for a hybrid renewable power project combining 60 MW of wind and 20 MW of solar generation, rated on an AC basis. The company is aiming to commission it by October 2028.
