Link wins, of course. And in the name of his picturesque homeland of Hyrule (and in honor of the lovely Princess Zelda who had sent him on this quest in the first place) he reclaims what Ganon had stolen:
The Triforce … a trio of triangular power-tablets which have a rightful place back at Hyrule Castle … spreading extreme peace and harmony throughout the land.
And Link goes down in Hyrulian history as a dependable hero.
Thus concludes this Legend of Zelda Movie Trilogy.
Find out where it all began:
Legend of Zelda: The Motion Picture
The hero gets all the glory.
Legend of Zelda: Part Two
Villain Strikes Back