StocksMedium•3 November 2026•
1 min read
Trident Shares Jump 13% on 93% Profit Surge and Major Expansion Plan
Key Facts
1Trident's net profit rose 93.1% year-on-year to ₹175.5 crore for the quarter ended September.
2The company's board approved a ₹4,650 crore capacity expansion and modernization program.
3EBITDA grew by 46.5% year-on-year to reach ₹313.7 crore during the quarter.
Trident's net profit rose 93.1% year-on-year to ₹175.5 crore for the quarter ended September 2026. Reuters reported that the company's board approved a ₹4,650 crore capacity expansion and modernization program, leading to a surge in share price of over 13% following the announcement.
EBITDA grew by 46.5% year-on-year to reach ₹313.7 crore during the quarter. Trident shares showed upward momentum in trading on November 3, 2026, driven by the company's strategic decision to invest heavily in future capacity and facility modernization.