Board approves 1st Interim dividend for FY 2026-27
TRIDENT · price
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Trident Limited's Board declared a 1st Interim Dividend of INR 0.50 per equity share (50% on face value of INR 1) for FY 2026-27, with Record Date fixed as May 23, 2026. For FY 2025-26, standalone revenue declined to INR 66,811.6 million from INR 69,658.9 million in the previous year (about 4% decline), while standalone PAT grew modestly to INR 3,760.6 million from INR 3,668.3 million. Q4 PAT stood at INR 1,020.4 million. The Board also approved raising funds up to INR 500 crore via Non-Convertible Debentures, reappointed Mr. Deepak Nanda as Managing Director for 3 years, and decided not to proceed with the earlier approved domestic wholly owned subsidiary. Auditors issued clean (unmodified) opinions on both standalone and consolidated financial results.
The dividend declaration signals confidence in the company's financial health despite revenue decline. The clean audit opinions and positive PAT growth are positive signals for shareholders, though the revenue decline and fund-raising plans warrant monitoring.