TRIDENTNSETrident Limited· Textile ProductsCriticalPositive
Announced Tue, 19 May · 18:01 IST

Trident Limited has informed the Exchange that Board of Directors at its meeting held on May 19, 2026, declared Interim Dividend of Rs. 0.50 per equity share.

Revenue DeclineResults View source PDF

TRIDENT · price

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AI summary

Trident Limited's Board approved audited financial results for Q4 and FY ended March 31, 2026. Standalone revenue from operations was Rs 66,811.6 million for FY2026, down from Rs 69,658.9 million in FY2025, representing a revenue decline. However, standalone net profit after tax improved to Rs 3,760.6 million from Rs 3,668.3 million year-over-year. The Board declared a 1st interim dividend of Rs 0.50 per equity share (50% on face value of Rs 1) for FY 2026-27, with record date May 23, 2026. Additionally, the Board approved raising funds up to Rs 500 crore via Non-Convertible Debentures and re-appointed Mr. Deepak Nanda as Managing Director for 3 years. The auditors issued unqualified opinions on both standalone and consolidated financial statements.

Likely market impact

Revenue declined year-over-year, which may concern investors focused on growth. However, profit improvement and the dividend declaration signal financial stability. The Rs 500 crore NCD plan indicates future capital raising needs that shareholders should monitor.