Trishakti Industries announced exceptional Q3FY26 quarterly results following a board meeting held on January 19, 2026. The company reported strong financial performance with revenue reaching ₹800.25 crores, representing a 20.3% quarter-on-quarter growth, and net profit of ₹245.12 crores, up 52.6% QoQ. The company also released a comprehensive investor presentation outlining its strategic expansion plans and market positioning.

Board Meeting and Regulatory Compliance

The Board of Directors convened on January 19, 2026, from 1:00 PM to 3:10 PM (IST) to consider and approve the unaudited financial results for Q3FY26. The meeting was conducted in compliance with Regulation 30 and 33 of SEBI Listing Regulations, with results submitted to BSE Limited and The Calcutta Stock Exchange Limited. The company also disclosed an investor presentation on financial performance under Regulation 30.

Q3FY26 Financial Performance

The company delivered outstanding quarterly results across all key financial metrics. Revenue from operations reached ₹800.25 crores, marking a significant 20.3% quarter-on-quarter growth and an impressive 357.4% year-on-year increase. The company achieved a net profit of ₹245.12 crores, representing a 52.6% QoQ growth.

Nine-Month Performance Highlights

The company's nine-month performance for the period ended December 31, 2025, showcased consistent growth momentum with total revenue reaching ₹1,873.70 crores, up 37.2% year-on-year, and net profit of ₹496.66 crores, representing a 182.6% YoY increase.

Infrastructure Expansion and Market Opportunity

According to the investor presentation, the company is strategically positioned to capitalize on India's ₹6.95 lakh crore renewable energy investment opportunity by 2030. The presentation highlights that India's renewable energy sector requires addition of 263 GW capacity, creating a ₹11,300-17,500 crore crane rental opportunity. The company's fleet is currently deployed across diverse sectors with 48% in renewable energy, 16% in chemical, and 13% in green steel plants.

Operational Excellence and Fleet Utilization

CEO Dhruv Jhanwar highlighted the company's exceptional operational performance, with the fleet operating at 100% utilization across 117 machines deployed in 20+ active projects. The company serves marquee clients including Larsen & Toubro, Reliance Industries, Jindal Group, KEC International, and ITD Cementation, providing strong revenue visibility. The presentation reveals an annualized revenue run rate of ₹48.00 crores with total asset base exceeding ₹200.00 crores.

Capital Expansion and Future Growth Targets

The company has made significant progress on its capital expenditure deployment, investing ₹154.00 crores in FY26 alone, exceeding the initial target of ₹100.00 crores. This forms part of the committed ₹400.00 crore expansion plan through FY28. The investor presentation outlines ambitious revenue targets of ₹900-1,000 million by FY28 while maintaining healthy operating margins above 60-65%. The expansion focuses on high-growth opportunities in metro-rail, renewables, ports, and large industrial projects.

Trishakti Industries Limited has announced the signing of strategic Memorandums of Understanding (MoUs) worth ₹175 crores with XCMG Group and LiuGong India Private Limited at EXCON 2025, India's premier construction equipment trade fair held in Bengaluru. The company has placed net purchase orders aggregating to approximately ₹175 crores for advanced construction and infrastructure equipment.

Strategic Partnership Details

The company entered into two significant partnerships during EXCON 2025, marking a major milestone in its ongoing fleet expansion and modernization drive.

Accelerated Capital Expenditure Execution

Trishakti Industries' aggressive fleet expansion is proceeding well ahead of schedule. Against the original plan of ₹50 crores for FY25, ₹100 crores for FY26, and ₹250 crores for FY27, the company has already deployed a cumulative ₹200 crores (inclusive of all taxes) till date, significantly surpassing the combined targets for FY25 and FY26.

Strategic Rationale and Business Impact

The procurement under these arrangements will be undertaken in a phased manner, strategically aligned with execution timelines, existing and prospective customer contracts, and prudent capital allocation principles. This disciplined approach aims to ensure optimal asset deployment and maintain the company's track record of achieving industry-leading fleet utilization rates.

The strategic partnerships aim to significantly strengthen and diversify the company's high-capacity equipment fleet with cutting-edge technology from globally renowned OEMs, enhancing service capabilities across key sectors including infrastructure, steel, power, railways, renewable energy, and large industrial projects.

Management Commentary

Mr. Dhruv Jhanwar, Chief Executive Officer, stated that the strategic equipment orders placed at EXCON 2025 mark an important milestone in Trishakti's expansion journey. He emphasized that the company's engagement with globally reputed OEMs such as XCMG and LiuGong reflects their focus on building a future-ready, high-capacity fleet aligned with the evolving requirements of India's infrastructure ecosystem.