Tipsheet
What matters at India’s listed companies
Earnings · Textile - Spinning · Mid cap

Trident Q1 profit ₹158 cr, revenue up 4.7% YoY

Consolidated revenue at ₹1,786.8 cr, net profit ₹158.1 cr. Board also cleared a new overseas subsidiary for brand-building.

3 earlier stories on Trident Ltd.
Mkt cap₹13,479 cr
P/E35.74×
ROE8.00%
Debt / eq.0.34
Div yld3.73%
₹158.1 cr Consolidated net profit for Q1 FY27

What's new

  • Consolidated revenue up 4.7% YoY to ₹1,786.8 cr
  • Net profit of ₹158.1 cr versus ₹139.9 cr a year ago
  • Board approves new domestic wholly owned subsidiary for overseas marketing

Why this matters

Profit improved from both last year and the prior quarter, but with no CFO successor named, the governance gap remains. The subsidiary signal lacks investment detail, making it a tentative strategic move.

What we're watching

  • Successor for the CFO who resigned in May
  • Disclosure on investment and timeline for the new subsidiary
  • Sustainability of margin improvement against input cost volatility

The full read

Trident's Q1 results show a solid uptick: revenue hit ₹1,786.8 crore, up 4.7% year-on-year, and net profit reached ₹158.1 crore compared with ₹139.9 crore last year. The board also approved a new domestic subsidiary for overseas brand-building, though no investment size or timeline was given, making it a placeholder rather than a catalyst. The interim dividend of ₹0.50 per share was paid during the quarter. On the governance side, the CFO's abrupt exit in May remains unresolved, leaving a gap in the finance function. The profit beat is encouraging, but the lack of a CFO successor and the opaque subsidiary plan keep the stock story unfinished.

Questions answered

How did Trident's Q1 revenue and profit compare year-on-year?
Revenue rose 4.7% to ₹1,786.8 crore, while net profit increased to ₹158.1 crore from ₹139.9 crore in the same quarter last year.
What is the new subsidiary for?
The wholly owned subsidiary will focus on brand-building, sales, marketing, and business development for Trident's products in overseas markets. No investment amount or timeline was disclosed.
Was a dividend declared?
The board had already declared and paid an interim dividend of ₹0.50 per equity share during the quarter.
What is the status of the CFO position?
The prior CFO resigned in May 2026 with only three weeks' notice; a successor has not been announced.
Mentioned: Q1 FY27 · ₹158.1 cr profit · new subsidiary
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Trident Ltd.

Textiles
₹12,806 cr
P/E 32.40×

Latest quarter · Jun 2026

Sales₹1,787 cr
Net profit₹158 cr
Op. margin+16.8%
EPS₹0.31

Strength & growth

Debt / equity0.37×
Current ratio1.57×
Sales CAGR+5.5%
EPS CAGR+4.8%
  1. 21 Jul 2026 · 7:36 PM IST Trident Q1 profit ₹158 cr, revenue up 4.7% YoY
  2. 22d ago Trident board approves ESOP covering 5% of equity
  3. 28d ago Trident board to mull employee stock plan on July 6
  4. 64d ago Trident's CFO quits with three weeks' notice and no successor lined up