Trident Shares Jump 13 Percent Following Q2 Profit Surge and Expansion Plan

Trident shares surged 13.42 percent on Tuesday after reporting a 93.1 percent year-on-year increase in consolidated profit to ₹175.5 crore for Q2 FY27.

The board approved a ₹4,650 crore capacity expansion and modernisation programme spanning yarn, sheeting, paper, and a hybrid renewable energy project.

Consolidated revenue from operations declined 3.8 percent year-on-year to ₹1,719.48 crore, while EBITDA rose 46.5 percent to ₹313.7 crore.