TRENT NSE filing

Trent Q2 FY27: Revenue Up 23% to ₹5,788 Cr, PAT ₹490 Cr; Opens 1000th Zudio Store

The RealCase readHigh impact Positive

Trent Limited reported Q2 FY27 standalone revenue of ₹5,788 Cr (up 23%) and PAT of ₹490 Cr (up 9%). Consolidated revenue grew 22% to ₹5,873 Cr with PAT up 25% to ₹468 Cr. The company opened its 1000th Zudio store, expanding its fashion retail footprint. Star business revenue grew over 20%.

Why it matters

The results show strong financial performance with substantial revenue and profit growth, alongside strategic expansion milestones like the 1000th Zudio store. This indicates positive business momentum and market penetration, which has a high impact on investor confidence and the company's valuation.

The market read

The company reported significant year-on-year growth in revenue and operating EBITDA for both standalone and consolidated results. The opening of the 1000th Zudio store and positive traction in the Star business further contribute to a positive sentiment.

Trent Limited announced its unaudited financial results for the second quarter and half-year ended September 30, 2026. The company reported a standalone revenue from operations growth of 23% to ₹5,788 crore for Q2 FY27, and for the half-year ended September 2026, revenue grew by 21% to ₹11,454 crore.

Operating EBITDA saw a significant increase of 37% for both the quarter (to ₹791 crore) and the half-year (to ₹1,638 crore). Profit After Tax (PAT) for Q2 FY27 stood at ₹490 crore, a 9% increase, and for H1 FY27, it grew by 17% to ₹1,021 crore. Notably, revenue from the sale of merchandise grew by 23% in the quarter and 21% in the half-year. The company opened its 1000th Zudio store during the quarter, expanding its total fashion store portfolio to over 1300 stores across 339 cities, including 3 in the UAE. Westside and Zudio stores contributed 10 and 19 new openings respectively in Q2FY27, with 2 Zudio stores consolidated.

Consolidated results showed a revenue growth of 22% for Q2 FY27, reaching ₹5,873 crore, and a 20% growth for H1 FY27, amounting to ₹11,628 crore. Consolidated Operating EBITDA increased by 37% to ₹785 crore in Q2 FY27 and by 35% to ₹1,633 crore in H1 FY27. Consolidated PAT grew by 25% to ₹468 crore in Q2 FY27 and by 24% to ₹986 crore in H1 FY27.

The Star business, Trent's food and grocery venture, also showed encouraging consumer traction with revenues growing by over 20% during the quarter. One new Star store was added, bringing the total to 87 stores across 13 cities. The Chairman, Mr. Noel N Tata, expressed satisfaction with the performance, highlighting the solid traction of brands and the expansion into Tier 2 and Tier 3 locations. He also noted the increasing contribution of own brands in the Star business, which now trends at over 74% of revenues.

Filing to action

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Trent Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Trent Limited. Read the original for the full detail.

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