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Tata Group retail firm Trent remains in the early phase of its growth journey despite rapid expansion in recent years, said its Chairman Noel N Tata, exuding confidence that the company would achieve its ambitious target of becoming ten times bigger in revenue terms in the "not-so-distant future". Trent owns lifestyle and fashion department store chain Westside, value-fashion chain Zudio and hypermarket Star Bazaar. Tata, in Trent's latest annual report also said its future growth will continue to be anchored in building distinct, well-defined propositions across categories, while also aiming to take homegrown brands to international markets. Referring to his remarks at Trent's 2023 shareholders' meeting, Tata said he had envisioned the company becoming ten times larger in terms of revenues with commensurate profitability. "Since then, the revenue and profitability run rate have grown by over 2.5 times. Given all this, I am confident that we will reach the milestone I had reference
Tata group retail firm Trent Ltd on Wednesday reported a 32.57 per cent on-year increase in consolidated net profit to Rs 413.1 crore for the March quarter of FY'26. The company posted a consolidated net profit of Rs 311.6 crore in the January-March quarter a year ago, according to a regulatory filing by Trent Ltd, which operates retail stores under the brand names Westside, Zudio and Star. Meanwhile, the board of Trent has approved a bonus issue of 1 equity share for every 2 equity shares held and recommended a dividend of 600 per cent, which is Rs 6 per equity share of Re 1 each. Trent's consolidated revenue from operations was up 19.23 per cent to Rs 5,027.99 crore in the March quarter. It was Rs 4,216.94 crore in the year-ago period. The company's total expenses increased 16.7 per cent in the March quarter to Rs 4,520.95 crore in FY'26. The total consolidated income, which includes other income, was at Rs 5,055.90 crore, up 17.8 per cent in the March quarter. In the entire FY
Leading retail players reported strong double-digit revenue growth in the fourth quarter of FY26 on the back of a stable demand environment and resilient macroeconomic conditions. Listed retail companies as Trent, Avenue Supermarts (D-Mart) and V-Mart, in their recent quarter updates reported around 20 per cent year-on-year growth in their latest quarterly updates, aided by aggressive store additions and steady consumption trends. Trent, a Tata group firm reported around 20 per cent growth in standalone (domestic) revenue to Rs 4,937 crore in the March quarter of FY26. It was at Rs 4,106 crore in the corresponding January-March period a year ago. "Revenue from sale of merchandise (excluding other operating income) grew 21 per cent and 19 per cent during the quarter and the year ended March 2026, respectively," said Trent, which operates popular fashion outlets under the Westside and Zudio retail format. Trent has opened 22 Westside stores and 109 stores of its value retail format o
Tata Group retail firm Trent is eyeing further expansion into tier 3 and tier 4 cities amid a macro market which is expected to be far more attractive in the coming years, a top company executive said on Monday. He also said that urban demand seems to be coming back gradually post GST 2.0 reforms but ruled out small-ticket discretionary getting benefit in the long-term due to the changeover. "We are opening a lot more in tier-3, tier-4 cities now, as opposed to what we used to do in the past. What we are seeing is, very clearly, the young customer in those markets is super clued onto what trends are playing out," Trent Managing Director P Venkatesalu told reporters at the sidelines of the Retail Leadership Summit 2026 here. He said that customers in these smaller cities and towns don't have the same level of maturity as the metro markets at present but it may change over a period of next 2-3 years. "We do bet in a very significant way that the customer will be more interesting," he