Trent Ltd, the parent of Westside and Zudio, on October 29 reported 9% increase in net profit at Rs 490 crore for the quarter ended September 30, 2026, as strong sales at its fashion and lifestyle businesses and continued store expansion boosted earnings.. The net profit beat CNBC-TV18 net profit estimate of Rs 475 crore. The company reported net profit of Rs 451 crore in the year-ago period.
The Tata group company's revenue from operations rose 23% to Rs 5,788 crore in Q2FY27 from Rs 4,724 crore in Q2FY26. The company's operating EBITDA rose 37 percent to Rs 785 crore as margins expanded to 11.6% from 10.5% in the same period last year.
On October 29, Trent shares closed 1.8% lower at Rs 2,861.7 apiece. The results were announced in the post-market hours.
During the quarter, the company opened its 1,000th Zudio Store.
"We now operate a significant portfolio of over 1,300 “large-box” fashion stores, with presence across 339 cities (including three in the UAE). In Q2FY27 we opened 10 Westside and 19 Zudio stores and consolidated two Zudio stores," the company said in its earnings release.