Trident Q2 profit rose 93.09% to Rs 175.5 crore for the quarter ended 30 September 2026, and its board sanctioned a Rs 4,650 crore outlay to expand and upgrade capacity, Textiles Resources reported on 5 November 2026. Revenue from operations slipped 3.8%.
The Ludhiana-headquartered company’s consolidated net profit was up from Rs 90.9 crore a year earlier.
How Did Trident Perform in Q2 FY27?
EBITDA was Rs 313.7 crore, up 46.5% from Rs 214.1 crore. EBITDA margin was 18.2%, up 620 basis points from 12%. Revenue from operations was Rs 1,719.48 crore, down 3.8% from Rs 1,787.17 crore.
What Is Trident’s Rs 4,650 Crore Expansion Plan?
The outlay covers yarn, sheeting and paper operations, and the Trident Group, led by Rajinder Gupta, also plans to trim its net debt. The report details four projects:
A greenfield spinning unit at Dhar, Madhya Pradesh, costing Rs 1,660 crore with about 1,99,680 spindles, expected on stream by September 2029; the company has secured 179.2 acres of leasehold land for roughly Rs 106.09 crore. A spinning plant upgrade at Budhni, Madhya Pradesh, costing Rs 1,022 crore, to be commissioned by December 2027. A sheeting division expansion of Rs 1,018 crore to add 336 looms, raising installed capacity from 504 to 840. A hybrid renewable power project of Rs 654 crore for 60 MW of wind and 20 MW of solar, targeted for commissioning in October 2028.
What Does This Mean for the Textile Industry?
At Budhni, the plan adds 99,840 spindles, retires 48,000 ageing spindles for 70,176 new ones aimed at finer-count yarns, and replaces 960 old rotors with 2,400 new units. The investment signals continued confidence in domestic yarn and home textile capacity despite a dip in quarterly revenue.
Market Reaction and Industry Response
The source report does not mention a share-price reaction or trade-body comment, so none is reported.
What Happens Next?
The projects have staggered timelines, from the Budhni upgrade by December 2027 to the Dhar spinning unit by September 2029. The article does not break down the portion of the Rs 4,650 crore outlay beyond the four named projects.
Frequently Asked Questions
What was Trident’s Q2 FY27 net profit?
Consolidated net profit rose 93.09% to Rs 175.5 crore from Rs 90.9 crore a year earlier.
How much will Trident invest in expansion?
The board sanctioned an outlay of Rs 4,650 crore covering yarn, sheeting and paper operations.
Where will the new spinning unit be built?
A greenfield spinning unit is planned at Dhar, Madhya Pradesh, costing Rs 1,660 crore, expected on stream by September 2029.
Source: Textiles Resources, 5 November 2026.
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