Trent Limited’s Board of Directors has approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The meeting also saw a change in leadership for the Internal Audit function, with Ms. Varsha Agarwal appointed as the new Head, succeeding Mr. Ratul Neogi who is retiring. Additionally, the Board recommended the rotation of statutory auditors, proposing B S R & Co. LLP to succeed Deloitte Haskins & Sells LLP for the fiscal years 2027-28 to 2031-32.
Trent Reports Financial Results and Key Appointments
Trent Limited announced today, August 6, 2026, that its Board of Directors has approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. These results, along with the limited review reports from Deloitte Haskins & Sells LLP, have been finalized and are available as Annexure I.
Leadership Changes in Internal Audit
The company also confirmed a significant change in its senior managerial personnel. Mr. Ratul Neogi, Head – Internal Audit, will be retiring upon attaining superannuation effective September 1, 2026. Following his retirement, Ms. Varsha Agarwal has been appointed to lead the Internal Audit function. Ms. Agarwal brings over 20 years of experience in finance and accounts, having played a key role in overseeing management information systems and financial controls within Trent.
Statutory Auditor Rotation
In line with audit rotation policies, the Board has recommended the appointment of B S R & Co. LLP as the new Statutory Auditors of the Company. This appointment is for a term of five consecutive years, commencing from the conclusion of the 75th Annual General Meeting (AGM) in 2027 until the conclusion of the 80th AGM in 2032. This recommendation follows the completion of the second five-year term by the current auditors, Deloitte Haskins & Sells LLP, at the conclusion of the 75th AGM in 2027. The proposed auditor appointment is subject to shareholder approval.
Financial Highlights (Standalone – Q1 FY27)
For the quarter ended June 30, 2026, Trent reported standalone revenue from operations of ₹5,666.30 crore, with total income amounting to ₹5,696.48 crore. Total expenses were ₹4,994.66 crore, leading to a profit before tax of ₹701.82 crore. The reported Net Profit for the quarter stood at ₹531.77 crore.
Financial Highlights (Consolidated – Q1 FY27)
On a consolidated basis, revenue from operations for the quarter ended June 30, 2026, was ₹5,754.71 crore, with total income at ₹5,784.54 crore. Total consolidated expenses were ₹5,082.96 crore, resulting in a profit before tax of ₹701.58 crore. The consolidated Net Profit for the quarter was ₹518.07 crore.
The company also noted the issuance of 1 bonus share for every 2 shares held during the quarter, with earnings per share adjusted accordingly.
Source: BSE
