Outcome of Board Meeting
TRIDENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Trident Limited's Board approved audited financial results for Q4 and FY ended March 31, 2026. Standalone revenue declined 4.1% to INR 66,812 million from INR 69,659 million in FY25, while consolidated revenue fell 4.1% to INR 67,011 million from INR 69,871 million. Net profit grew modestly: standalone PAT increased to INR 3,761 million (up 2.5%) and consolidated PAT to INR 3,771 million (up 1.7%). EPS stands at INR 0.74. The Board declared a 1st Interim Dividend of INR 0.50 per share (50% payout) with record date May 23, 2026. The Board approved raising up to INR 500 crore via Non-Convertible Debentures and re-appointed Mr. Deepak Nanda as Managing Director for 3 years. The proposed domestic wholly owned subsidiary will not be incorporated as it is 'presently not required'. Auditors S.R. Batliboi & Co LLP issued clean opinions with no qualifications.
Revenue declined year-over-year but margins improved as PAT grew despite lower topline. The dividend and NCD issuance signal confidence in cash generation while planning debt raise for growth. Shareholders receive interim dividend with record date May 23.