Trent Q1 results: Net profit rises 26% to ₹532 crore, EBITDA margin expands by 210 basis points

The Tata Group-backed retail chain operator Trent on Thursday, August 6, reported a net profit of ₹532 crore in the first quarter of current financial (Q1FY27), marking an increase of 26% from ₹423 crore in the same period last year.

The company's revenue from operation in April-June period advanced 18.5% to ₹5,666 crore from ₹4,781 crore a year earlier.

The operator of Zudio and Westside stores reported a strong operational performance as its earnings before interest, taxes, depreciation, and amortization (EBITDA) advanced 33% to ₹1,110 crore and its EBITDA margin improved by 210 basis points to 19.6%.

At the end of first quarter, Trent had 1,312 stores in 330 cities including three stores in United Arab Emirates (UAE) the total retail area was 18.04 million square feet.

The company added 19 Zudio stores and one Westside store at the end of Q1 compared with 104 Zudio stores and 22 Westside stores it opened in the previous quarter.

Total store count for Westside was 301 and Zudio was at 982 stores.

"We now operate a significant portfolio of over 1300 “large-box” fashion stores, with presence across 330 cities (including 3 in the UAE). In Q1FY27 we opened 1 Westside and 22 Zudio stores (including 1 store in the UAE) and consolidated 3 Zudio stores and expanded our presence to 9 new cities. As of 30th June 2026, our store portfolio included 301 Westside, 982 Zudio (including 7 stores in the UAE) and 29 stores across other lifestyle concepts and we operated with a footprint of over 18 million sqft. across our fashion brands," Trent said in an investor presentation.

"Our store portfolio has evolved over time and remains significantly heterogenous in various respects. We continue to add stores within select existing catchments across Tier I and Tier II cities, even as we accelerate presence in multiple smaller markets in the current phase of network expansion," Trent said.

"In the case of Zudio, in the current quarter, over 80% of new stores were opened in Tier II, III cities and in peripheral new growth micro-markets. The intent is to grow our presence in both existing as well as new micro-markets/ geographies and to position ourselves favourably as more regions register stronger economic growth. The agenda is to pursue growing reach and share of revenues as we selectively increase the density of our presence across key markets with an improving customer proposition," Trent added.

Trent's same store sales growth, a key metric of profitability of a retail company, remained in was in low single digits.

"The emerging categories, including beauty & personal care, innerwear and footwear contributed over 21% of our revenues. Westside online together with our proposition on the Tata Neu platform continues to witness traction and grow profitably. In Q1FY27, online revenues contributed to over 6% of Westside revenues," Trent added.

Trent shares surged as much as 3.7% to hit an intraday high of ₹3,244.50 on the National Stock Exchange following its earnings announcement.