Trident Limited, a leading diversified textile and paper manufacturer, has released its consolidated financial results for the first quarter of FY26, reporting resilient performance across all verticals.
The company achieved consolidated revenue of ₹1,727 crore for Q1FY26. EBITDA rose by 18.12% QoQ to ₹312 crore, with net profit increasing by 4.89% QoQ and a significant 89.39% YoY to ₹140 crore. Free cash flow stood at ₹234 crore for the quarter, reinforcing the company’s liquidity position.
The company’s net debt stood at ₹879 crore as of June 30, 2025, a decline of ₹31 crore from the previous quarter despite a dividend payout of ₹254 crore in May. This brought the annualized Net Debt/EBITDA ratio down to 0.71 from 0.95 QoQ, and maintained a healthy Debt-Equity ratio of 0.35.
Key Segmental Highlights:
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Yarn: ₹902 crore in revenue
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Home Textiles: ₹948 crore in revenue
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Paper & Chemicals: ₹260 crore in revenue
Commenting on the results, Mr. Deepak Nanda, Managing Director, stated:
“Despite macroeconomic challenges, we’ve delivered solid profitability and further strengthened our balance sheet. Our focus remains on sustainable growth, innovation, and expanding volumes in value-added products, while leveraging favorable global trade developments including the India–UK FTA and U.S. tariff adjustments.”
The company reported an EBITDA margin of 18.06%, up 404 basis points QoQ, with improved profitability metrics across the board. Trident continues to prioritize ESG-led growth and operational excellence across its manufacturing hubs in Punjab and Madhya Pradesh.
Financial Snapshot – Q1FY26 vs Q4FY25 vs Q1FY25
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Total Income: ₹1,727 Cr (QoQ ↓8.31%)
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EBITDA: ₹312 Cr (QoQ ↑18.12%, YoY ↑29.85%)
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Net Profit: ₹140 Cr (QoQ ↑4.89%, YoY ↑89.39%)
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EPS: ₹0.27 (YoY ↑83.19%)
