Trent Ltd, the Tata Group’s fashion and lifestyle arm, reported a robust performance for the fourth quarter, supported by consistent revenue growth and aggressive store expansion across its key formats.
The company’s standalone revenue for the March quarter rose 20% year-on-year to Rs. 4,937 crore (US $530 million), compared with Rs. 4,106 crore (US $441 million) in the corresponding period last year. For the full financial year FY ’26, standalone revenue increased 18% to Rs. 19,701 crore (US $2.11 billion), up from Rs. 16,668 crore (US $1.78 billion) in FY ’25, reflecting sustained demand across its fashion portfolio.
Store expansion remained a key growth driver during the quarter. Trent added 22 Westside outlets and 109 Zudio stores in Q4, taking its total retail footprint to 1,286 stores as of 31st March 2026. This includes 300 Westside stores and 963 Zudio outlets, with six Zudio stores located in the UAE, while the remaining stores operate under other lifestyle concepts.
The company’s performance builds on steady momentum seen in the previous quarter. In Q3 FY ’26, consolidated net profit rose 3% year-on-year to Rs. 513 crore (US $55.08 million). Revenue from operations grew 15% to Rs. 5,345 crore (US $573 million), supported by continued store additions and stable margins. On a standalone basis, profit after tax increased 36% year-on-year to Rs. 640 crore (US $68.72 million), while revenue rose 16% to Rs. 5,259 crore (US $564 million), indicating strong execution in its core businesses.
Operational performance also improved, with consolidated EBITDA rising 20% year-on-year to Rs. 837 crore (US $89.87 million). The operating EBIT margin expanded to 13.8% from 13.2% in the year-ago quarter, reflecting disciplined cost management and stable gross margins across its Westside and Zudio formats.
