Trident (TRIDENT) Q3 25/26 earnings summary

Executive summary

• Q3 FY26 consolidated revenue reached INR 15,949 million, with 53% from exports and an interim dividend of ₹0.50/share declared.

• Standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, were reviewed and approved by the Board and auditors, with an unmodified opinion expressed.

• The company’s business continued without disruption despite an ongoing income tax investigation and related assessment orders.

• The company maintains a global presence, serving major retailers and brands, and continues to invest in capacity expansion and digital initiatives.

Financial highlights

• Q3 FY26 consolidated EBITDA margin was 9.99%, down from 13.61% year-over-year and 12.85% sequentially.

• Net profit for Q3 FY26 was INR 442 million, a 44.77% decrease year-over-year and 51.35% sequentially.

• Standalone revenue for Q3 FY26 was INR 15,862 million, with an EPS of ₹0.08, down 46.41% year-over-year.

• Consolidated revenue from operations for the quarter was INR 15,744.6 million, with net profit after tax at INR 442.4 million.

• Cash profit for Q3 FY26 was INR 1,161 million, down 32.74% year-over-year.

Outlook and guidance

• The company is focused on margin improvement through product innovation, cost optimization, and targeting premium market segments.

• Ongoing expansion in domestic and global markets, with digital and AI-driven projects planned.

• The company is monitoring international trade developments, including recent US tariff reductions on Indian goods, which are expected to ease export conditions.

• No financial impact is expected from the new Indian labour codes based on the current compensation structure.