Trent demonstrates exceptional operational efficiency with 36% Y-o-Y rise in Q3, FY26 net profit
05 February 2026, Mumbai
In a quarter characterized by patchy urban demand and shifting consumer sentiment, Tata Group’s retail powerhouse, Trent demonstrated exceptional operational efficiency, with standalone net profit in Q3, FY26 rising by 36 per cent to Rs 640 crore.
The company’s consolidated revenue rose by 15 per cent Y-o-Y to Rs 5,345 crore during the quarter. Their bottom line was slightly tempered by a one-time exceptional charge of Rs 26.11 crore related to the implementation of the new 2026 Labor Codes.
Market resilience amid regulatory compliance costs
Nevertheless, consolidated EBITDA margins expanded by 200 basis points to 20.2 per cent. They were underpinned by sourcing optimization and the rapid adoption of automation technologies like RFID across its supply chain. Noel Tata, Chairman noted that while the high base of the previous year presented challenges, the business model’s resilience and a stable gross margin profile across Westside and Zudio provide a positive medium-term outlook for the retail major.
The flagship fashion retail arm of Tata Group, operates iconic brands including Westside, the hyper-growth value chain Zudio, and international joint ventures with Zara and Massimo Dutti. As of December 2025, the company manages over 1,100 large-box stores across 274 cities, encompassing 15 million sq ft. With a strong focus on private labels and recent entries into lab-grown diamonds and youth-focused ‘Burnt Toast,’ Trent continues to maintain a premium valuation in the Indian retail sector.
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