Indian textile giant Trident sees profit tumble 44 percent on weak exports

Indian textile maker Trident reported a 44 percent drop in quarterly profit as high U.S. tariffs hit exports. A new trade deal should provide future relief.

Insights:
Trident reported a 44% decline in consolidated net profit for the quarter ended December 31, 2026, as a slowdown in exports triggered by United States USUS tariffs reduced sales during the third quarter. According to the company’s financial results released today, February 9, 2026, the export squeeze materially compressed the firm’s topline and profitability. This impact is significant because more than 40% of the company’s revenue is generated in the United States, making it highly sensitive to trade policy shifts.
The downturn was particularly evident in the Trident bedsheets business, where revenue fell by approximately one-third. The Trident towel business also experienced reduced sales as international demand softened. These segments provide products to major global retailers, including Walmart Inc. , Macy's, Inc. , and Target Corporation . Overall revenue for the company, which is based in India ININ, was down 6% for the period, reflecting the broader challenges facing Indian textile exporters in the current trade environment.
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