India’s Trident Group Q1 profit rises 55% QoQ to $1.58 mn

Indian home textiles company Trident Group has reported a strong financial performance for the first quarter (Q1) of fiscal 2027 (FY27), with consolidated total income rising 9.3 per cent quarter on quarter (QoQ) to ₹1,803 crore (~$18.03 million). The company’s EBITDA increased 27.4 per cent sequentially to ₹316 crore, while net profit grew 55 per cent QoQ and 13 per cent year on year (YoY) to ₹158 crore (~$1.58 million).For the quarter ended June 30, 2026, Trident recorded a 4.4 per cent YoY growth in consolidated income compared with ₹1,727 crore in the same quarter last year. EBITDA remained largely stable YoY, increasing 1.5 per cent from ₹312 crore in Q1FY26. EBITDA margin stood at 17.55 per cent, compared with 15.05 per cent in the previous quarter and 18.06 per cent a year earlier.

Indian home textiles company Trident Group reported a strong Q1FY27 performance, with consolidated income rising 9.3 per cent QoQ to ₹1,803 crore (~$18.03 million) and net profit increasing 55 per cent to ₹158 crore (~$1.58 million).
Improved yarn prices, cost discipline, and operational efficiencies supported margin expansion.
The company remains optimistic about export growth.

Profitability improves on operational efficiency

The profit before tax (PBT) rose to ₹216 crore (~$2.16 million), up 47.7 per cent from the previous quarter and 15.2 per cent year on year. PBT margin improved to 11.99 per cent, supported by better operational efficiencies, cost management and improved yarn prices. Cash profit stood at ₹228 crore during the quarter.

Trident’s net debt stood at ₹1,025 crore, with net debt-to-EBITDA at 0.83 times and net debt-to-equity at 0.22 times, reflecting a stable balance sheet position.

The company’s yarn business generated consolidated revenue of ₹954 crore during the quarter, while the home textile segment, including bath and bed linen, reported revenue of ₹941 crore. The paper and chemicals business contributed ₹297 crore to consolidated revenue.

Trident remains optimistic on export opportunities

Commenting on the results, Deepak Nanda, managing director, Trident Limited, said the company delivered a strong performance in Q1FY27, supported by improved yarn prices, disciplined cost control and enhanced operational efficiencies. He added that better asset utilisation and productivity improvements helped expand margins despite a challenging global operating environment.

Nanda said Trident remains optimistic about export opportunities as global supply chains continue to diversify and customers increasingly seek reliable sourcing partners. He added that the company’s integrated manufacturing capabilities, diversified product portfolio and international presence position it to capture emerging global growth opportunities.

Fibre2Fashion News Desk (SG)