The Tata Group’s fashion and lifestyle arm Trent Ltd. reported an 18% YoY increase in consolidated revenue from operations to Rs. 5,755 crore (US $60.21 million) for the quarter ended June (Q1 FY ’27), compared to Rs. 4,875 crore (US $51.00 million) in the corresponding quarter last year. On a sequential basis, revenue grew 14% from Rs. 5,028 crore (US $52.61 million) reported in Q4 FY ’26.
Driven by higher sales and continued expansion, the Tata Group retailer posted a consolidated net profit of Rs. 519 crore (US $5.43 million), up 21% YoY from Rs. 430 crore (US $4.50 million) in Q1 FY ’26. Sequentially, net profit increased 25% from Rs. 413 crore (US $4.32 million) in the March quarter.
Profit before exceptional items and tax rose 26% YoY to Rs. 702 crore (US $7.34 million) from Rs. 555 crore (US $5.81 million), while profit before tax (PBT) increased 22% to Rs. 692 crore (US $7.24 million) from Rs. 565 crore (US $5.91 million) in the year-ago period.
However, the company reported a share of loss from associates and joint ventures of Rs. 9.74 crore (US $0.10 million) during the quarter, compared to a share of profit of Rs. 9.21 crore (US $0.10 million) in the corresponding quarter last year.
Meanwhile, total tax expense increased to Rs. 174 crore (US $1.82 million) from Rs. 140 crore (US $1.46 million) a year ago. Current tax stood at Rs. 183 crore (US $1.91 million), while deferred tax resulted in a credit of Rs. 11.29 crore (US $0.12 million).
On the cost front, total expenses rose 16% YoY to Rs. 5,083 crore (US $53.18 million) from Rs. 4,369 crore (US $45.71 million), reflecting the company’s expanding retail network and higher operating scale. Purchase of stock-in-trade, the largest expense, increased to Rs. 3,071 crore (US $32.13 million) from Rs. 2,570 crore (US $26.89 million). Employee benefit expenses rose to Rs. 371 crore (US $3.88 million) from Rs. 322 crore (US $3.37 million), while depreciation and amortisation expenses climbed to Rs. 410 crore (US $4.29 million) from Rs. 293 crore (US $3.07 million). Occupancy costs, including rent, increased to Rs. 527 crore (US $5.51 million) from Rs. 489 crore (US $5.12 million), finance costs rose to Rs. 47 crore (US $0.49 million) from Rs. 40 crore (US $0.42 million), and other expenses grew to Rs. 644 crore (US $6.74 million) from Rs. 511 crore (US $5.35 million).
During the quarter, Trent continued to strengthen its retail footprint by opening one Westside store and 22 Zudio stores, including one in the UAE. The company also consolidated three Zudio stores and entered nine new cities.
As of June 2026, Trent operated more than 1,300 large-format fashion stores across 330 cities, including three in the UAE. Its portfolio comprised 301 Westside stores, 982 Zudio stores, including seven in the UAE, and 29 stores across other lifestyle concepts, with a total retail footprint exceeding 18 million sq. ft.
