Trident Ltd

Trident Ltd announced ratings reaffirmations and continuations from multiple agencies, with CRISIL Ratings Limited reaffirming its ‘A1+’ rating for the Electronic Vendor financing scheme, alongside reaffirming its ‘AA/Stable’ rating for Long Term Loans totaling 132, 50, 53, 306, and 137, while noting no rating data was available for Short Term Loans, Perpetual Bonds, Asset-Backed Securities, and Mortgage-Backed Securities; the reaffirmations represent a continuation of a previous letter dated August 25, 2025, and reflect the ongoing assessment of the company's credit profile, with no enhancements, assignments, or withdrawals reported across any of the listed instruments.

Bandhan Bank Ltd, Mahindra & Mahindra Financial Services Ltd, Tata Teleservices (Maharashtra) Ltd, Data Patterns (India) Ltd are among the other stocks to see a surge in volumes on NSE today, 22 July 2026.Trident Ltd recorded volume of 519.9 lakh shares by 14:14 IST on NSE, a 15.35 times surge over two-week average daily volume of 33.87 lakh shares. The stock gained 0.92% to Rs.25.33. Volumes stood at 34.95 lakh shares in the last session.Bandhan Bank Ltd registered volume of 1391.26 lakh shares by 14:14 IST on NSE, a 12.6 fold spurt over two-week average daily volume of 110.43 lakh shares. The stock slipped 16.58% to Rs.174.20. Volumes stood at 123.14 lakh shares in the last session.Mahindra & Mahindra Financial Services Ltd notched up volume of 454.71 lakh shares by 14:14 IST on NSE, a 10.99 fold spurt over two-week average daily volume of 41.37 lakh shares. The stock rose 5.75% to Rs.369.95. Volumes stood at 203.19 lakh shares in the last session.Tata Teleservices (Maharashtra) Ltd witnessed volume of 112.86 lakh shares by 14:14 IST on NSE, a 9.92 times surge over two-week average daily volume of 11.38 lakh shares. The stock increased 0.25% to Rs.40.25. Volumes stood at 12.28 lakh shares in the last session.Data Patterns (India) Ltd notched up volume of 52.35 lakh shares by 14:14 IST on NSE, a 9.91 fold spurt over two-week average daily volume of 5.28 lakh shares. The stock rose 11.51% to Rs.4,732.50. Volumes stood at 11.76 lakh shares in the last session.Powered by Capital Market - Live

Revenue from operations rose 4.68% year-on-year to Rs 1,786.83 crore in the quarter ended 30 June 2026. Profit before tax (PBT) stood at Rs 216.25 crore, up 15.19% from Rs 187.74 crore reported in Q1 FY26. On a segmental basis, revenue from yarn increased 5.78% to Rs 954.16 crore, while towel revenue remained largely flat at Rs 638.54 crore. Bedsheets revenue declined 2.13% to Rs 302.82 crore, whereas revenue from paper and chemicals surged 14.45% to Rs 297.38 crore. Meanwhile, Trident announced the proposed incorporation of a domestic wholly owned subsidiary in India, subject to approval from the Ministry of Corporate Affairs. The proposed entity, to be wholly owned by the company through a 100% cash subscription at face value, will operate in the textile industry and trading of goods and services. It will focus on strengthening Trident's brand presence and driving sales, marketing, business development, and promotional initiatives for its products in overseas markets. Trident is one of the largest towel manufacturers in the world, one of the world's largest agro-based paper manufacturers, and one of the largest yarn producers in India. Trident is a vertically integrated textile (yarn, bath & bed linen) and paper (wheat-straw-based) manufacturer.Powered by Capital Market - Live

Net profit of Trident rose 12.95% to Rs 158.09 crore in the quarter ended June 2026 as against Rs 139.96 crore during the previous quarter ended June 2025. Sales rose 4.68% to Rs 1786.83 crore in the quarter ended June 2026 as against Rs 1706.89 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales1786.831706.89 5 OPM %16.7817.10 - PBDT286.44280.53 2 PBT216.25187.74 15 NP158.09139.96 13 Powered by Capital Market - Live

Trident will hold a meeting of the Board of Directors of the Company on 21 July 2026.

Trident will hold a meeting of the Board of Directors of the Company on 6 July 2026.

Trident announced that Avneesh Barua, Chief Financial Officer (Key Managerial Personnel & Senior Management Personnel) has tendered resignation from his position. His last working day in the Company will be 29 May 2026.

Trident announced that the 36th Annual General Meeting(AGM) of the company will be held on 31 July 2026.

Trident announced that the Board of Directors of the Company at its meeting held on 19 May 2026, inter alia, have recommended the interim dividend of Rs 0.5 per equity Share (i.e. 50%) , subject to the approval of the shareholders.

Revenue from operations fell 12.43% year-on-year to Rs 1,632.53 crore in the quarter ended 31 March 2026. Profit before tax (PBT) stood at Rs 146.44 crore, reflecting a decline of 14.71% from Rs 171.71 crore reported in Q4 FY25. On a segmental basis, revenue from yarn declined 6.27% to Rs 851.25 crore, towel revenue fell 20.15% to Rs 601.12 crore and bedsheets revenue dropped 33.18% to Rs 210.57 crore. However, revenue from paper and chemicals rose 10.59% to Rs 296.83 crore. For the full financial year FY26, the company posted a 1.95% increase in consolidated net profit to Rs 377.11 crore, while revenue declined 4.09% to Rs 6,701.05 crore compared with FY25. Net cash used in operating activities stood at Rs 760.18 crore in FY26, compared with net cash from operating activities of Rs 945 crore in the previous year. Trident is one of the largest towel manufacturers in the world, one of the world's largest agro-based paper manufacturers, and one of the largest yarn producers in India. Trident is a vertically integrated textile (yarn, bath & bed linen) and paper (wheat-straw-based) manufacturer. The counter shed 0.86% to Rs 24.23 on the BSE. Powered by Capital Market - Live