Trident Share Price Up Over 5%; Reports 93% Rise in Q2 FY27 Net Profit

Trident Limited has approved an investment proposal of ₹4,650 crore for capacity expansion and modernisation across its businesses. The board gave its in-principle approval at a meeting held on November 2, 2026, alongside the company's announcement of its September quarter results. 

At Budhni in Madhya Pradesh, the company plans to add 99,840 spindles. Another yarn manufacturing facility, with a proposed capacity of 1,99,680 spindles, will be established at Dhar. Trident has already acquired 179.2 acres of leasehold land for the Dhar project at a cost of approximately ₹106.09 crore. 

The proposal also includes 336 additional looms for the sheeting business, an increase of 28 tonnes per day in paper manufacturing capacity and a hybrid renewable energy project comprising 60 MW of wind power and 20 MW of solar power (AC). 

September Quarter Sees Higher Profit 

For the quarter ended September 30, 2026, Trident's consolidated net profit stood at ₹175.58 crore, up from ₹90.93 crore in Q2 FY26. The increase came despite a decline in revenue from operations, which fell to ₹1,719.48 crore from ₹1,787.17 crore. 

Profit before tax was ₹232.49 crore, compared with ₹123.96 crore in the year-ago quarter. Total expenses also declined from ₹1,680.68 crore to ₹1,509.73 crore. Earnings per share increased to ₹0.34 from ₹0.18. 

Yarn and Bedsheets Report Higher Revenue 

Among the company's business segments, yarn recorded revenue of ₹1,018.96 crore, compared with ₹923.64 crore in the previous year. Bedsheets revenue increased to ₹311.36 crore from ₹261.22 crore. 

The towel segment reported a different trend, with revenue falling to ₹570.75 crore from ₹723.46 crore. Paper and chemicals revenue increased to ₹287.90 crore from ₹246.89 crore. 

Six-Month Financial Performance 

For April to September 2026, consolidated net profit increased to ₹333.67 crore from ₹230.89 crore. Revenue from operations was ₹3,506.31 crore, against ₹3,494.06 crore in the corresponding period last year. 

Read More: Jyoti CNC Automation Share Price in Focus After Q2 FY27 Earnings Results: Total Income Up 16.9% YoY! 

Trident Limited Share Price Performance  

As of November 3, 2026, 1:37 pm, Trident share price was trading at ₹23.45, a 5.58% increase from the previous closing price. 

Conclusion 

Trident's September quarter results showed higher profit alongside a decline in quarterly revenue. The company has also outlined its proposed manufacturing and renewable energy investments for the coming period. 

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