Operating revenue climbs to Rs 5,788 crore
Trent Ltd, the retail arm of the Tata Group, announced a standalone operating revenue of Rs 5,788 crore for the July‑September quarter, marking a 23 % rise year‑on‑year
The six‑month total (April‑September) also showed healthy growth, reaching Rs 11,454 crore, up 21 % YoY, underscoring the strength of its diversified brand portfolio.
Zudio crosses the 1,000‑store threshold
The value‑fashion chain Zudio marked a key milestone by opening its 1,000th outlet during the quarter, adding a net 17 new stores. Its sister brand Westside contributed 10 additional locations.
Together, Trent’s brands operated 1,342 stores across India as of 30 September 2026, reflecting an aggressive rollout in tier‑II and tier‑III cities.
Analysts turn bullish on Trent
International brokerage BofA Securities initiated coverage on Trent and assigned a ‘Buy’ rating, citing the company’s consistent top‑line expansion and its aggressive store‑opening strategy.
Store expansion remains the core growth driver
With Zudio now beyond the 1,000‑store mark and the overall network swelling past 1,300 outlets, Trent is solidifying its position as a leading player in India’s organised retail sector. Investors are closely monitoring how the continued rollout of new stores will translate into future earnings growth.
