Tata group's retail arm Trent Ltd on Friday said its standalone revenue for the June quarter was up 19.7 per cent to Rs 5,061 crore. Trent's standalone revenue for the corresponding June quarter a year ago was at Rs 4,228 crore, according to a regulatory filing from the company. The company, which operates retail stores under brand names like Westside, Zudio and Star, said the June quarter topline does not include the revenue from the overseas market. "As of June 30, 2025, our store portfolio included 248 Westside, 766 Zudio (including 2 in UAE) and 29 stores across other lifestyle concepts," the company said in the regulatory filing. During the April-June period, Trent opened one store for Westside and 11 of its value offering format Zudio, which targets the affordable fast-fashion segment. Shares of Trent Ltd were trading at Rs 5,677.20 on BSE, down 8.23 per cent from its previous close.
Trent plans to grow its brand portfolio, expand store density, enter new categories like beauty and innerwear, and boost omnichannel presence, brokerages note
The gross margin was at 41.7 per cent (down 240bps) while Ebitda at ₹650 crore was driven by Ebitda margin at 15.5 per cent
The surge in Trent's share price followed the company's announcement that it has surpassed a portfolio of over 1,000 large-box fashion stores, which includes 248 Westside stores and 757 Zudio stores
While Trent reported strong profit and revenue growth, several brokerages have slashed their target prices, citing slowing growth momentum and weak consumer sentiment
In the past one year, the stock price of Trent has zoomed 231 per cent, as compared to 23 per cent rise in the BSE Sensex.
Higher costs and lower value segment, however, hit margins in Q4
The stock has gained 19 per cent in the last one month after the company reported a strong set of numbers for the December quarter and the management showed optimism over the future growth.
India's cosmetics and beauty market is estimated to nearly double by 2025 from $11 billion in 2017, aided in good measure by online retailers.
Steady same-store sales growth and improving margins to help sustain premium valuations
Valuation is at a sharp premium to its peers; top line growth is expected to be strong
Top line to get a boost; margins may face pressure in near term
Affordable pricing, contemporary designs and efficient supply chain keep cash registers ringing
The multi-brand retail store gets aggressive with customer retention as it looks to beat back the clout of single-brand labels such as H&M, Zara
Westside has a range of contemporary and exclusively designed clothes for men, women and children