Trent Ltd, the Tata Group’s retail company, reported an 8.6% year-on-year increase in net profit to Rs 490 crore (US$51.47 million) in Q2 FY27, compared with Rs 451 crore (US$47.37 million) in the corresponding quarter last year.
During the quarter, Trent’s value-fashion brand Zudio opened its 1,000th store. As of September 30, 2026, the company operated 1,342 stores across Westside, Zudio and other lifestyle brands.
Revenue from operations rose 22.5% to Rs 5,788 crore (US $608.40 million) from Rs 4,724 crore (US $496.22 million) a year earlier. Revenue from merchandise sales, excluding other operating income, increased 23% year-on-year during the quarter.
Earnings before interest, tax, depreciation and amortisation (EBITDA) increased 29.6% to Rs 1,054 crore (US $110.71 million) from Rs 813 crore (US $85.40 million) in the year-ago quarter.
Trent added 10 Westside stores and 17 Zudio stores on a net basis during Q2 FY27. In the first half of FY27, the company added 11 Westside stores and 36 Zudio stores.
For H1 FY27, revenue increased 21% year-on-year to Rs 11,454 crore (US $1,203.15 million) from Rs 9,505 crore (US $998.42 million). Revenue from merchandise sales, excluding other operating income, also grew 21% during the period.
In a leadership change, Noel Tata will retire as Trent chairman effective November 11, 2026, upon turning 70. The board has appointed Bahram Vakil as chairman effective November 12, while Noel Tata will become chairman emeritus from November 20.
