Trent: Q2 FY27 Revenue Grows 23%, Operating Profit Up 37%

Trent Limited announced robust financial results for the second quarter and half-year ended September 30, 2026. Standalone revenue from operations grew by 23% year-on-year to ₹5,788 crore, with operating EBITDA rising 37% to ₹791 crore. Consolidated revenue increased by 22% to ₹5,873 crore, while operating EBITDA saw a 37% jump to ₹785 crore. The company also highlighted the opening of its 1000th Zudio store.

Trent Reports Strong Q2 FY27 Performance

Trent Limited has announced its unaudited financial results for the second quarter and half-year ended September 30, 2026, showcasing significant year-over-year growth across key financial metrics. The company experienced robust traction in its consumer sentiment, despite a challenging economic backdrop.

Standalone Results Highlights

For the second quarter of FY27, Trent’s standalone revenue from operations surged by 23% to ₹5,788 crore, compared to the same period last year. Operating EBITDA also witnessed a substantial increase of 37%, reaching ₹791 crore. The Profit After Tax (PAT) grew by 9% to ₹490 crore.

In the first half of FY27, standalone revenue from operations grew by 21% to ₹11,454 crore. Operating EBITDA increased by 37% to ₹1638 crore, and PAT rose by 17% to ₹1021 crore.

Consolidated Results Highlights

On a consolidated basis, revenue from operations for Q2 FY27 increased by 22% to ₹5,873 crore. Operating EBITDA saw a strong growth of 37%, amounting to ₹785 crore. PAT for the quarter stood at ₹468 crore, a rise of 25%.

For the first half of FY27, consolidated revenue from operations grew by 20% to ₹11,628 crore. Operating EBITDA increased by 35% to ₹1633 crore, with PAT up by 24% to ₹986 crore.

Operational Milestones and Expansion

A significant operational milestone was achieved during the quarter with the opening of the 1000th Zudio Store. The company now operates a substantial portfolio of over 1300 “large-box” fashion stores spread across 339 cities, including 3 in the UAE. In Q2 FY27 alone, 10 Westside and 19 Zudio stores were opened, with 2 additional Zudio stores consolidated.

As of September 30, 2026, Trent’s store portfolio comprised 311 Westside stores, 999 Zudio stores (including 7 in the UAE), and 32 stores across other lifestyle concepts, collectively occupying over 18.5 million sqft.

Chairman’s Message

Mr. Noel N Tata, Chairman, Trent Limited, expressed satisfaction with the company’s performance, noting the solid traction experienced by its brands and a more robust consumer sentiment. He highlighted the expansion into Tier 2 and Tier 3 locations and expressed confidence in the growth potential of the Star business, which now derives over 74% of its revenue from its own brands.

Business Segments

The company’s primary customer propositions include Westside, a leading fashion retail chain; Zudio, a value fashion format; and Star, operating in the food and grocery segment. Westside stores, typically between 20,000-30,000 sq. ft., offer a wide range of apparel, accessories, and home products. Zudio stores, around 10,000-12,000 sq. ft., focus on value fashion across apparel, beauty, and footwear. The Star supermarket concept offers FMCG, staples, and fresh produce, complemented by own-branded products.

Source: BSE

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