10 November 2025, Mumbai
Tata Group's retail arm, Trent reported a strong financial performance for Q2 FY26. The company's consolidated Net Profit (PAT) for the quarter grew by 11 per cent to Rs 373 – Rs 377 crore compared to the Rs 335 crore recorded in the same period last year.
Driving this profit increase was a robust growth in Revenue from Operations, which increased by 15 per cent – 16 per cent Y-o-Y to approximately Rs 4,818 crore, up from about Rs 4,157 crore previously. Furthermore, the company saw its EBITDA (Operating Profit) rise by a significant 26 per cent – 27 per cent to Rs 813-Rs 817 crore (up from Rs 643 – Rs 646 crore). This strong operating leverage resulted in a notable expansion of the EBITDA Margin, which grew by approximately 140 basis points to reach 17.2 per cent, compared to 15.4 per cent in the corresponding quarter last year.
Trent operates popular fashion retail chains like Westside and Zudio, along with the grocery chain Star. The company continued its aggressive physical footprint expansion, which was a significant growth driver. It added 13 Westside stores and 40 Zudio stores. As of September 30, 2025, the network included 261 Westside stores and 806 Zudio outlets.
The company’s expenses rose to Rs 4,367 crore from Rs 3,741 crore a year earlier, primarily driven by higher occupancy and employee-related costs associated with the store expansion.
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