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.
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Trent reports 20% Q4 revenue growth as like-for-like sales recover, margins expand, and store additions drive performance amid cautious consumer sentiment
Trent reported a net profit of ₹413.1 crore in Q4FY26, up 32.57 per cent from ₹311.6 crore in the year-ago period
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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
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
Earlier in FY20, the benchmark Sensex tanked 23.8 per cent due to the outbreak of the Covid-19 pandemic, while the Nifty 50 crashed 26.03 per cent.
Brokerage firm Motilal Oswal Financial Services has maintained its 'Buy' rating on Trent with a revised target price of ₹4,350