The manufacturer achieved robust profit growth by trimming total expenses by 10.2%, which pushed earnings before interest, taxes, depreciation, and amortisation up by 46.5%. While revenue slightly dipped overall, the yarn and bedsheet segments posted notable improvements in operating results. Trident plans to sustain long-term operational efficiency by funding new yarn facilities and integrating a hybrid renewable energy setup comprising wind and solar power.
Key points
Operational expense reductions enabled the company to achieve major bottom-line growth de…: Operational expense reductions enabled the company to achieve major bottom-line growth despite a slight contraction in operating revenue.
Strong earnings expansion in yarn and bedsheets offset top-line and segment result declin…: Strong earnings expansion in yarn and bedsheets offset top-line and segment result declines seen in the towel division.
The multi-thousand crore capital expenditure program targets long-term manufacturing grow…: The multi-thousand crore capital expenditure program targets long-term manufacturing growth through modernised spindles, new looms, and dedicated renewable energy installations.
Sources checked by our analysis pipeline: 1
Trident shares surged 13.42% on Tuesday, 3 November, after the company reported a sharp rise in its September-quarter profit and announced an in-principle approval for a ₹4,650 crore capacity expansion and modernisation programme.
The textile and paper manufacturer reported a 93.1% year-on-year increase in consolidated profit attributable to owners to ₹175.5 crore in Q2 FY27, compared with ₹90.9 crore in the corresponding quarter of the previous financial year.
However, revenue from operations declined 3.8% to ₹1,719.48 crore from ₹1,787.17 crore in Q2 FY26.
Despite the decline in revenue, the company delivered a significant improvement in operating performance. EBITDA rose 46.5% year-on-year to ₹313.7 crore from ₹214.1 crore, while the EBITDA margin expanded to 18% from 12% a year earlier.
Trident's consolidated total expenses fell 10.2% to ₹1,509.73 crore in the September quarter, compared with ₹1,680.68 crore in the year-ago period.
On a quarter-on-quarter basis, profit attributable to owners increased 11.1% from ₹158.09 crore in Q1 FY27.
Revenue from operations, however, declined 3.8% from ₹1,786.83 crore in the June quarter. Total expenses also decreased 4.9% sequentially to ₹1,509.73 crore from ₹1,587.20…
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