Trent Ltd

Tata Group retail firm Trent Ltd on Saturday said its value-fashion retail chain Zudio has crossed the 1,000-store milestone in the country. Zudio offers affordable propositions and has expanded rapidly since its launch in 2016, according to a regulatory filing by Trent. The brand's network now spans over 300 cities and has served more than 100 million customers over the past decade, the company said. Besides Zudio, Trent operates Westside, which is a large-format fashion store. It also has grocery business Star. As of June 30, 2026, Trent's store portfolio included 301 Westside and 29 stores across other lifestyle concepts, operated with a footprint of over 18 million sq ft across its fashion brands. In FY26, Trent's revenue was at Rs 19,701.41 crore.

Most of the group stocks such as TCS, Titan, Tata Communications and Tata Motors PV traded with cuts of up to 4 per cent in intraday deals on Wednesday.

Trent posted a 22 per cent rise in quarterly profit to ₹519 crore for the quarter ended June ‌30, while revenue climbed 18 per cent to ₹5,755 crore.

Tata Group's Trent has been on an expansion spree in recent quarters, ending June with 1,312 stores, including about 300 Westside and over 980 Zudio across 330 cities

Trent reported standalone revenue of ₹5,666 crore for Q1FY27, up around 19 per cent year-on-year from ₹4,781 crore. The growth, however, fell short of Street expectations of 22-23 per cent

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Bernstein said that while Zudio has dominated Trent's growth narrative over 5 years, Westside still accounts for about 40 per cent of the company's retail area and revenue.

In the past month, Trent outperformed the market by surging 17 per cent, as compared to 2 per cent rise in the Nifty 50.

Noel Tata to step down as Trent chairman in November after decades of leadership that shaped Westside and expanded the Tata retail business

The development would mark the end of a tenure that oversaw the transformation of the company from a single-store operation into one of India's largest retail networks

Private banking and select IT stocks led market pullback on Wednesday as lower oil prices, and hopes of India-US trade deal lifted sentiment.

Analysts believe Trent's strong execution capabilities, tie-up with suppliers across India and better mix will help witness a faster recovery in profitability in the medium to long run.

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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

Ambit said crude-linked RM inflation is expected to impact companies unevenly, with margin outcomes depending on pricing strategy, balance sheet strength, and operating leverage

This marks Trent's first bonus issue in nearly 30 years. The company had last issued bonus shares in 1996 in a 1:1 ratio.

Trent's board will consider and take a call upon a range of subjects in Wednesday's meeting, including the first-ever bonus share issuance and dividend for the financial year 2026.

The bonus issue shall augur well with the shareholders as the company historically has never declared any bonus issue, said analyst at ICICI Securities.

As of March 31, Trent has a portfolio of 1,286 stores, including 300 Westside, 963 Zudio (including 6 in the UAE), and 23 stores across other lifestyle concepts

Trent has been on a store-opening spree over the last ‌few quarters, with its store count climbing to 1,286 by March 31, compared with about 1,043 a year earlier