The company posted a net profit of ₹102 crore for the quarter ended March 31, compared with ₹133.2 crore in the year-ago period, according to the exchange filing.
Revenue from operations fell 12.4% year-on-year to ₹1,632.5 crore from ₹1,864.3 crore a year earlier.
Earnings before interest, tax, depreciation and amortisation (EBITDA) declined 7.2% to ₹227.3 crore, compared with ₹245 crore in the corresponding quarter last year. However, EBITDA margin improved to 13.9% from 13.1% a year ago.
Board declares interim dividend
The company’s board approved a first interim dividend of ₹0.50 per fully paid-up equity share of face value ₹1 each for the financial year 2026-27.
Trident has fixed May 23, 2026, as the record date to determine shareholders eligible for the dividend payout. The dividend will be credited within the prescribed statutory timelines, the company said.
Fundraising, MD reappointment approved
The board also approved a proposal to raise up to ₹500 crore through the issuance of non-convertible debentures (NCDs) via public or private placement in one or more tranches, subject to shareholder approval.
Additionally, the company approved the reappointment of Deepak Nanda as managing director for a further term of three years from September 5, 2026, to September 4, 2029, subject to shareholder approval, stated the filing.
Labour code impact
Trident said the implementation of India’s new labour codes resulted in employee benefit plan amendments amounting to ₹4.49 crore during the quarter and full year ended March 31, 2026.
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The expense was recognised as past service cost in the profit and loss statement in accordance with Ind AS 19 relating to employee benefits, the company added.
Shares of Trident Ltd ended marginally lower on Tuesday, May 19, by 0.04% at ₹24.33 on the NSE.
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(Edited by : Shoma Bhattacharjee)
First Published: May 19, 2026 6:24 PM IST
