Trent Ltd, backed by Tata Group, confirmed its 25% compound annual growth rate (CAGR) focus area with three main growth pillars: scaling its value fashion brand Zudio, entering micro-markets, and new categories.
According to Trent, the growth plan is focused on categories with high repeat purchase frequency – not traditional metrics such as like-for-like (LFL) sales or total store count primarily.
Noel Tata, chairman of Trent Ltd., and Tata Trusts reminded his vision was to grow the business ten-fold, noting that the revenue run rate had already doubled over the past two years. Trent reported revenue for FY 2024-25 was Rs. 17,134.6 crore (US $ 2.064 billion), up 38.4% year-on-year and a net profit of Rs. 1,534.41 crore (US $ 184.9 million), up 3.85%.
Zudio remains Trent’s key driver for growth. It added 244 stores in FY 2024–25, now totaling 765 stores across 235 cities, including two international stores. Analysts believe Zudio could achieve Westside’s levels of profitability in the medium term, given the scale of the business and the improvements in the unit economics.
Westside, Trent’s premium lifestyle brand, finished the year with 248 stores, contributing to Trent’s overall footprint of 1,091 stores as of 31st March 2025.
