- Tata Group's Trent Ltd reported 19% revenue growth for Q1 FY27, missing estimates
- Revenue from operations stood at Rs 5,666 crore, up from Rs 4,781 crore last year
- The company added 20 stores in Q1, with 19 from Zudio and one from Westside
Tata Group's retail arm Trent Ltd. reported a 19% year-on-year increase in standalone revenue for the first quarter of FY27, thereby missing analysts estimates. The topline growth has remained below 20% for the fifth straight quarter.
According to the company's stock exchange filing on Monday, standalone revenue from operations (excluding GST) stood at Rs 5,666 crore in the quarter ended June 2026, compared with Rs 4,781 crore in the corresponding period last year.
Revenue from the sale of merchandise, excluding other operating income, also grew 19% during the quarter.
The retailer ended June with a portfolio of 1,312 stores across formats. This includes 301 Westside outlets, 982 Zudio stores—including seven in the UAE—and 29 stores under other lifestyle concepts.
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During the April-June quarter, Trent recorded a net addition of 20 stores, comprising 19 Zudio outlets and one Westside store. With only one Westside store addition, the company has disappointed analysts.
Zudio has remained the key growth engine for Trent in recent years, benefiting from rising demand for affordable apparel and aggressive network expansion across metros as well as smaller cities.
Westside, meanwhile, continues to maintain its presence in the premium lifestyle segment.
The revenue update comes ahead of Trent's detailed quarterly earnings announcement and offers investors an early snapshot of business performance.
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Market participants will closely watch the company's profitability, margins and management commentary to assess whether strong sales momentum translated into earnings growth during the quarter.
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