Trent reported decent margins in the second quarter (July-September) of 2025-26 (Q2FY26) but growth moderated. Same store growth was low single-digits. Trent’s revenue growth decelerated in Q2FY26 at 17 per cent year-on-year (Y-o-Y) while area additions were offset by decline in revenue per square foot (sq ft).
Consolidated revenue grew 16 per cent Y-o-Y to ₹4,800 crore. Reported Ebitda (earnings before interest, taxes, depreciation, and amortisation) grew 27 per cent Y-o-Y to ₹820 crore. Ebitda margin rose 150 basis points (bps) Y-o-Y to 17 per cent. Gross profit grew 15 per cent Y-o-Y to ₹2,000 crore as gross margin contracted

)