Trent to announce Q3 results today: Check earnings preview and technicals

Experts believe the Tata Group-owned retailer could report a 37-41% year-on-year (YoY) increase in standalone revenue, reaching ₹4,550–4,670 crore. Meanwhile, net profit is projected to surge 45-64% YoY to ₹510–566 crore, driven by the continued expansion of its value fashion business despite a broader slowdown in consumer spending.

Ahead of its third quarter results, investors will closely track key performance indicators such as same-store sales growth and the pace of new store openings for Zudio and Westside. Additionally, management’s commentary on consumer demand trends, particularly in urban markets, will be in focus.

On Wednesday, February 6th, Trent shares closed unchanged at ₹5,749, with the Q3 earnings announcement approaching.

Technical View

On February 4, shares of Trent fell below their 21-day and 200-day exponential moving averages (EMAs), forming a bearish candlestick pattern on the daily chart. The stock is also encountering resistance around the 6,300 level, which broadly aligns with its 50-day EMA and marks the midpoint of a downward-trending channel.

Options outlook

Options strategies for Trent

With the options market pricing in a potential ±10% move before the February 27 expiry, traders can explore Long Straddle and Short Straddle strategies to capitalize on the expected volatility.

Meanwhile, traders seeking a bullish or bearish approach can explore directional spreads, which provide a risk-defined alternative to simple option buying.