Trident Texofab Limited reported mixed financial results for Q3FY26, with revenue declining year-on-year despite achieving significant profit growth. The semi-composite textile manufacturing company continues its strategic shift from trading to manufacturing operations.

Financial Performance Overview

The company's Q3FY26 financial performance showed contrasting trends across key metrics:

Revenue from operations declined 19% year-on-year to ₹2,574.09 lakhs in Q3FY26, compared to ₹3,168.94 lakhs in Q3FY25. Total operating expenses decreased proportionally by 18% to ₹2,409.59 lakhs.

Profitability Metrics

Despite revenue challenges, the company demonstrated resilience in profit generation. PAT registered impressive growth of 90% year-on-year, reaching ₹57.01 lakhs compared to ₹29.98 lakhs in Q3FY25. However, EBITDA margins compressed to 6.39% from 7.33% in the corresponding quarter last year.

Interest costs showed significant improvement, declining 37% year-on-year to ₹87.33 lakhs from ₹138.25 lakhs in Q3FY25. Depreciation remained relatively stable at ₹40.96 lakhs.

Nine-Month Performance

For the nine-month period FY26, the company reported revenue of ₹8,445.23 lakhs. PAT for 9MFY26 stood at ₹361.65 lakhs, registering growth of 65% year-on-year, indicating sustained profitability improvements despite revenue pressures.

Business Model Transformation

The company continues its strategic transition from a pure trading entity to a manufacturing-focused textile player. This shift, initiated under the "Shifting Gears" strategy in FY19, has transformed Trident into a semi-composite textile manufacturer producing polyester and poly-blend fabrics.

The manufacturing division remains the core strength of the company's operations, with management focusing on future growth opportunities through this vertical. The company's expansive product portfolio includes home furnishing, garments, suiting, shirting, technical textiles, and various fabric categories across both manufacturing and trading verticals.

Trident Texofab Limited has announced its unaudited standalone financial results for the quarter and nine months ended December 31, 2025, following the board meeting held on February 12, 2026. The company demonstrated strong financial performance with significant improvement in profitability metrics across both quarterly and nine-month periods.

Financial Performance Overview

The company's financial results show mixed performance in revenue generation but substantial improvement in profitability. For the quarter ended December 31, 2025, total income reached ₹2,621.95 lakhs compared to ₹3,143.23 lakhs in the corresponding quarter of the previous year.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, the company maintained steady revenue performance while achieving remarkable profit growth. Total income for the nine-month period stood at ₹8,576.10 lakhs compared to ₹8,722.06 lakhs in the previous year.

Cost Management and Operational Efficiency

The company demonstrated improved cost management during the quarter. Total expenses decreased to ₹2,537.88 lakhs from ₹3,116.19 lakhs in the corresponding quarter of the previous year. Key expense categories showed varying trends, with purchases of stock-in-trade representing the largest expense component at ₹1,799.18 lakhs for the quarter.

Regulatory Compliance and Governance

The financial results were prepared in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the audit committee and subsequently approved by the board of directors. Shah Kailash & Associates LLP, the company's statutory auditors, issued a limited review report confirming compliance with applicable accounting standards and regulatory requirements.

Business Operations and Segment Performance

Trident Texofab Limited operates in a single reportable business segment focused on manufacturing and wholesale trading of grey cloth. The company maintains its registered office operations and continues to demonstrate operational resilience in the textile manufacturing sector. Company Secretary and Compliance Officer Rahul Jariwala confirmed that all regulatory compliances were maintained during the quarter and nine-month period ended December 31, 2025.