New Delhi: Trident Limited has announced its financial results for the second quarter of FY26 ended 30 September 2025, reporting steady revenue growth and improved year-on-year profitability despite margin compression and macroeconomic challenges.
The company posted consolidated revenue of ₹1,803 crore for Q2FY26, up 4.42% quarter-on-quarter and 4.58% year-on-year. EBITDA for the quarter stood at ₹232 crore, representing a margin of 12.85%, down from 18.06% in Q1FY26 and 13.78% in Q2FY25. Net profit for the quarter was ₹91 crore, up 9.14% year-on-year but down 35.03% sequentially.
Free cash flow for Q2FY26 stood at ₹281 crore, while net debt reduced by ₹32 crore quarter-on-quarter to ₹847 crore. The company maintained a healthy annualized Net Debt/EBITDA ratio of 0.78 times and a Debt Equity Ratio of 0.18. The current ratio declined to 1.61 from 1.87 in the previous quarter.
Commenting on the performance, Deepak Nanda, Managing Director, Trident Limited, said, “As we reflect on Trident Limited’s Q2FY26 results, it’s evident that amidst challenging macroeconomic conditions, our company has showcased quarter-on-quarter revenue growth. We have further strengthened our balance sheet by reducing net debt by ₹32 crore and maintaining a healthy Debt Equity Ratio at 0.18.”
He added that the company’s focus on innovative product pipelines aligned with evolving consumer preferences, along with the new Free Trade Agreement between India and the UK, positions Trident to capitalize on emerging opportunities while remaining committed to sustainable growth and operational excellence.
Business segment performance for Q2FY26 included:
- Yarn business revenue: ₹924 crore
- Home textile business revenue: ₹983 crore
- Paper and chemicals business revenue: ₹247 crore
Trident remains focused on expanding volumes, enhancing its value-added product portfolio, and strengthening its domestic market presence. With a foundation built on innovation and financial discipline, the company is poised to continue its journey of sustainable growth in the coming quarters.
