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Trent shares jump 7% after strong Q2 results, Zudio's 1,000-store milestone

By · Via Times of India · Published by Everything Blog

In short

Trent delivered a 25% year-on-year rise in consolidated net profit to Rs 468 crore, backed by strong execution across its diverse retail portfolio. Modern grocery arm Star achieved more than 20% revenue growth during the period, driven by own-brand items delivering over 74% of the segment's total revenue. Online traction also picked up as digital sales for flagship department store Westside expanded 20% in the fiscal first half. These combined operational gains pushed the company's valuation past the Rs 1,61,769 crore mark.

Key points

  • Value-fashion brand Zudio completed a major milestone by opening its 1,000th store to spe…: Value-fashion brand Zudio completed a major milestone by opening its 1,000th store to spearhead overall network growth.
  • Proprietary own-brand offerings accounted for more than 74 percent of total revenue gener…: Proprietary own-brand offerings accounted for more than 74 percent of total revenue generated by the Star grocery business.
  • Outgoing Chairman Noel N. Tata officially concluded his tenure following a 24 percent pro…: Outgoing Chairman Noel N. Tata officially concluded his tenure following a 24 percent profit rise in the fiscal first half.

Sources checked by our analysis pipeline: 1

NEW DELHI: Trent shares jumped almost 7% on Friday after the Tata Group's retail arm reported a strong 25% year-on-year increase in consolidated net profit for the September quarter.

The stock climbed 6.73% to Rs 3,059 on the BSE, while its NSE-listed shares gained 6.92% to Rs 3,060. The rally added Rs 9,088.92 crore to the company's market capitalisation, taking it to Rs 1,61,769.32 crore.

The company, which operates popular retail brands such as Zudio and Westside, reported a consolidated net profit of Rs 468 crore for the quarter ended September 30. Revenue from operations rose 22% year-on-year to Rs 5,873 crore, while operating EBITDA grew at a faster pace of 37% to Rs 785 crore.

Trent's Q2 earnings: Revenue, operating profit grow at a faster pace

Trent's operating performance improved during the September quarter, with its operating EBIT margin expanding to 11.6% from 10.5% in the corresponding period last year.

For the first half of FY27, consolidated revenue increased 20% to Rs 11,628 crore, while net profit climbed 24% to Rs 986 crore. Operating EBITDA for the six-month period…

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