Trishakti Industries Limited reported a 373.01% year-on-year increase in standalone net profit for the quarter ended June 30, 2026, rising to ₹430.11 lakh from ₹90.93 lakh in the same period last year. This growth was driven by a 309.87% surge in total income, which reached ₹1,680.38 lakh, compared to ₹409.97 lakh in Q1 FY26. The company attributed the exceptional performance to strong fleet expansion, high utilization, and sustained demand across infrastructure and renewable sectors.

Revenue from operations grew 252.15% year-on-year to ₹1,438.12 lakh. EBITDA for the quarter increased approximately 4x to ₹1,087.83 lakh, while EBITDA margins stood at 64.74%. Profit before tax rose 344.97% to ₹538.11 lakh. The company’s earnings per share (EPS) improved to ₹2.61 from ₹0.56 in the previous year.

Standalone Financial Results (Q1 FY27)

Mr. Dhruv Jhanwar, Chief Executive Officer of Trishakti Industries Limited, stated that the strategic investments over the past two years are translating into strong financial performance. He highlighted the strong operating leverage of the business model as fleet utilisation and project execution continued to strengthen. The company remains focused on disciplined execution, enhancing operational efficiencies, and creating long-term value for stakeholders.

The board, in its meeting held on July 22, 2026, approved the unaudited financial results for the quarter. The company is executing a ₹400 crore multi-year CAPEX program (FY25-FY27) focused on expanding fleet capacity and improving operational efficiencies to capture a growing share of India’s large-scale project development market. Additionally, the board approved Trishakti's strategic entry into the wind energy equipment rental sector and announced intentions to expand into the UAE and the Kingdom of Saudi Arabia, subject to regulatory approvals.

Trishakti Industries Limited announced on July 22, 2026, its strategic expansion into the UAE (United Arab Emirates) and KSA (Kingdom of Saudi Arabia) to establish a globally recognized heavy equipment rental platform. The Board of Directors approved the entry into these markets, recognizing the region as a dynamic infrastructure and industrial hub. This move marks a significant step in the company's long-term vision to transform from a leading Indian equipment rental company into an international specialized heavy equipment solutions provider.

The expansion targets markets offering materially higher asset yield potential and premium project opportunities compared to traditional markets. The United Arab Emirates is witnessing sustained investments across infrastructure, logistics, ports, industrial manufacturing, renewable energy, commercial developments, and the energy sector. These industries require specialized heavy equipment and lifting solutions, creating a compelling long-term opportunity for the company.

Market Opportunity

The decision to expand is driven by substantial market data indicating strong growth potential in the region:

The US$1 Trillion+ infrastructure pipeline in Saudi Arabia is supported by Vision 2030 and giga projects, creating long-term demand for heavy lifting and specialized equipment. The crane rental market in Saudi Arabia alone represents a significant serviceable opportunity, with an expected 10–12% CAGR driven by investments in infrastructure, energy, industrial, and mega-projects.

Strategic Objectives

By expanding into the UAE and Kingdom of Saudi Arabia, Trishakti Industries aims to enhance asset productivity, diversify its revenue base, and establish an international growth platform. The company intends to progressively establish its presence through customer development, strategic partnerships, and fleet deployment opportunities. This strategy complements its Indian operations, where it has built a strong operating platform by expanding its specialized equipment fleet and executing projects for leading infrastructure and industrial companies.

Mr. Dhruv Jhanwar, Chief Executive Officer of Trishakti Industries Limited, stated that the expansion marks the beginning of the company’s international growth journey. He highlighted that the market offers materially higher asset yield potential and significant long-term growth opportunities. The objective is to establish a scalable international platform that enhances asset productivity and creates long-term shareholder value, executed with the same financial discipline and operational excellence that drove its growth in India.