Trent’s Q2 revenue rises 23% YoY to Rs 5,788 crore; Zudio crosses 1,000-store milestone

Tata Group’s retail arm, Trent, reported a 23% year-on-year increase in standalone revenue from operations, excluding GST, at Rs 5,788 crore for the quarter ended September 30, 2026, compared with Rs 4,724 crore a year earlier, according to the company’s exchange filing.

The company’s revenue for the first half of FY27 rose 21% year-on-year to Rs 11,454 crore, compared with Rs 9,505 crore in the corresponding period a year earlier.

Revenue from the sale of merchandise, excluding other operating income, also grew 23% year-on-year during Q2FY27 and 21% during H1FY27, the company said.

During the quarter, Trent opened its 1,000th Zudio store, marking a key milestone for the fashion and lifestyle retailer.

As of September 30, 2026, Trent’s portfolio stood at 1,342 stores across Westside, Zudio and other lifestyle brands, as per the exchange filing.

During Q2FY27, the company opened 10 Westside stores and 17 Zudio stores on a net basis. For H1FY27, Trent added 11 Westside stores and 36 Zudio stores on a net basis.

Shares of Trent ended Monday’s trading session flat at Rs 2,580 apiece on the NSE. The stock traded in the range of Rs 2,572.80 to Rs 2,608.30 during the session.

Trent shares have declined 9.95% year-to-date, while the stock has fallen 19.64% over the past year, according to NSE data.

The stock hit a 52-week high of Rs 3,399.70 apiece on the NSE on July 3, 2026, while its 52-week low stood at Rs 2,183.67, recorded on March 30, 2026.

At the current market price, Trent’s total market capitalisation stood at Rs 1,37,573.93 crore on the NSE.

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