Trent Q1 results: Net profit rises 9% to ₹430 crore, EBITDA jumps 38%; margin expands by 240 bps

Trent, the parent of Westside and Zudio retail chain operator, on Wednesday, August 6, reported a consolidated net ₹430 crore in the first quarter of the current financial year (Q1FY26), marking an increase of 9% from ₹393 crore during the same period last year.

Trent's revenue from operations in April-June period rose 19% to ₹4,883 crore from ₹4,104 crore in the year-ago period.

The Tata-group company reported strong operational performance in Q1 as its operating profit rose 38% to ₹847 crore from ₹613 crore in the corresponding period last year.

Its operating profit margin improved by 240 basis points to 17.35% from 14.94%. Operating profit is also known as earnings before interest, taxes, depreciation and amortisation (EBITDA).

At the end of the first quarter, Trent operated a total of 248 Westside, 766 Zudio (including two stores in the UAE) and 29 stores across other lifestyle concepts.

For the fashion portfolio the like for like growth in Q1FY26 was in low single digits. The change in revenue participation across our concepts remains broadly in line with our strategic plans, Trent said.

"The agenda has been to drive material reach and share of revenues across key markets. Further, we are evolving the quality of our store portfolio and we are consciously increasing the density of our presence in such markets. Given the business model choices and the intent to drive share of revenue in key markets, we believe, it would be appropriate to pursue revenue growth across comparative micro markets vis-à-vis just the performance of comparative stores, Trent added.

The company had a footprint of over 13 million square feet across its fashion brands. The emerging categories, including beauty & personal care, innerwear and footwear continued to gain traction with customers. These emerging categories contribute to over 21% of our revenues, Trent said.

“The business delivered steady performance during the quarter. We remain focused on evolving our differentiated consumer proposition that appeals to a wider audience across diverse markets. Notwithstanding continuing competitive intensity and interim trends, we believe an unwavering focus on being relevant to our customers and building resilience with our business model choices will, over time enable us to deliver significant value," said Noel Tata, Chairman, Trent.

"We believe building density of our presence in key markets allows us proximity and the ability to service our customers readily. Both Westside and Zudio now have the scale & reach and enjoy significant consumer awareness & love. We remain on track to build a sizable and scalable pure play direct-to-customer business in the context of the market size and opportunity," he added.

Trent shares ended 0.79% higher at ₹5,359 ahead of its earnings announcement on Wednesday.