Trident's Q2 FY 2025-26 Quarterly Results

Result Summary

• Trident Ltd reported a 4.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 4.6%.
• Its expenses for the quarter were up by 9.2% QoQ and 3.4% YoY.
• The net profit decreased 35.0% QoQ and increased 9.1% YoY.
• The earnings per share (EPS) of Trident Ltd stood at 0.18 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Trident Ltd is a well-known player in the textiles industry, primarily dealing with the manufacturing and export of home textiles, yarn, paper, chemicals, and captive power. The company is recognized for its diverse product portfolio, which includes bath and bed linen, yarns, copier paper, writing paper, and chemicals like sulfuric acid. Trident has a strong presence in both domestic and international markets, catering to a global clientele. There are no recent major developments available in the data provided that highlight any strategic changes or significant events for the company.

Revenue

In Q2FY26, Trident Ltd reported a total income of ₹1803.24 crores, marking an increase from the previous quarter Q1FY26, which reported ₹1726.90 crores, reflecting a quarter-over-quarter (QoQ) growth of 4.4%. When compared to the same quarter in the previous year, Q2FY25, where the total income was ₹1724.30 crores, the year-over-year (YoY) growth stood at 4.6%. The steady increase in revenue both on a QoQ and YoY basis indicates that the company has maintained a stable growth trajectory in its revenue stream over the periods analyzed.

Profitability

Trident Ltd's profitability metrics display varied movements. The Profit Before Tax (PBT) for Q2FY26 was ₹122.56 crores, a decline from Q1FY26's ₹187.74 crores, indicating a negative QoQ change of 34.7%. However, when compared to Q2FY25's PBT of ₹99.07 crores, there is a YoY increase of 23.7%. The Profit After Tax (PAT) similarly decreased QoQ by 35.0% from ₹139.96 crores in Q1FY26 to ₹90.93 crores in Q2FY26. Yet, there was a YoY increase of 9.1% from ₹83.32 crores in Q2FY25. The Earnings Per Share (EPS) followed a similar trend, decreasing by 33.3% QoQ from 0.27 in Q1FY26 to 0.18 in Q2FY26, but showing a YoY increase of 5.9% from 0.17 in Q2FY25. The data reflects a complex profitability scenario, with declines in profitability on a QoQ basis but improvements YoY.

Operating Metrics

The total expenses for Trident Ltd in Q2FY26 were ₹1680.68 crores, which increased from ₹1539.16 crores in Q1FY26, representing a QoQ rise of 9.2%. Compared to Q2FY25's expenses of ₹1625.23 crores, there is a YoY increase of 3.4%. This rise in expenses correlates with the QoQ and YoY growth in total income, but the expense growth rate is higher than the income growth rate on a QoQ basis, which has impacted the profitability metrics. The company's tax expense for Q2FY26 was ₹33.03 crores, significantly lower than the ₹47.78 crores from the previous quarter, reflecting a QoQ decrease of 30.9%. However, on a YoY basis, there was a substantial increase of 109.7% from ₹15.75 crores in Q2FY25. The operating metrics suggest an intricate dynamic between income growth and expense management, impacting the quarterly financial outcomes.