Trident Ltd. reported a 93.1% YoY rise in net profit to Rs.175.50 crore for Q2 FY27, compared with Rs.90.9 crore in the corresponding quarter last year. The strong quarterly performance attracted investor attention, with the company’s shares gaining as much as 13% during Tuesday’s trading session.
The company also announced plans for capital expenditure of Rs.4,650 crore, indicating its intention to invest in future business capacity and operations. Trident operates across textiles, paper and related products, with its business performance influenced by domestic demand, export markets, raw-material costs and operating efficiency.
The proposed investment programme will be important to monitor over the coming quarters, particularly in terms of execution, funding requirements and the contribution of additional capacity to revenue and profitability.
