Lifestyle retailer Trent on Wednesday reported a 9% YoY growth in its Q1 consolidated net profit to Rs 425 crore compared to Rs 391 crore in the year ago period.
The company's revenue stood at Rs 4,883 crore, up 19% YoY versus Rs 4,104 crore posted in the corresponding quarter of the last financial year.
The profit after tax (PAT) was 36% higher on a sequential basis versus Rs 312 crore reported in Q4FY25 while the topline increased by 16% compared to Rs 4,217 crore in the January-March quarter of FY25.
The consolidated profit before tax (PBT) in the quarter under review stood at Rs 565, gaining 13% YoY.
The company said that its consolidated revenues do not include revenues of the Trent Hypermarket business given the accounting standards, though, the reported results include the proportionate share of profitability of this venture and is accounted based on the equity method.
On the standalone basis, the bottom line stood at Rs 423 crore, rising by 23% versus Rs 342 crore in the year ago period. Meanwhile, the revenue was up 20% to Rs 4,781 crore compared to Rs 3,992 crore in the corresponding quarter of the last financial year.
The company said that its growth in revenues including across comparative micro markets was healthy, notwithstanding early onset of monsoon and geopolitical disruptions. For the fashion portfolio the like-for-like growth in Q1FY26 was in low single digits. The change in revenue participation across concepts remains broadly in line with company's strategic plans, the company filing said.
The Star business now consists of 77 stores including the addition of 2 stores and closure of 3 stores during the quarter. The company said that it is pursuing multiple interventions including on the technology front aimed at driving differentiation and convenience of the customer proposition.
As of the quarter-end, the company operated with a footprint of over 13 million square feet across fashion brands. The emerging categories, including beauty & personal care, innerwear and footwear continued to gain traction with customers. These emerging categories contribute to over 21% of our revenues.
Speaking on the performance, Chairman Noel N Tata said that the business delivered steady performance during the quarter. "We remain focused on evolving our differentiated consumer proposition that appeals to a wider audience across diverse markets. Notwithstanding continuing competitive intensity and interim trends, we believe an unwavering focus on being relevant to our customers and building resilience with our business model choices will, over time enable us to deliver significant value," Tata said.
The company's revenue stood at Rs 4,883 crore, up 19% YoY versus Rs 4,104 crore posted in the corresponding quarter of the last financial year.
The profit after tax (PAT) was 36% higher on a sequential basis versus Rs 312 crore reported in Q4FY25 while the topline increased by 16% compared to Rs 4,217 crore in the January-March quarter of FY25.
The consolidated profit before tax (PBT) in the quarter under review stood at Rs 565, gaining 13% YoY.
The company said that its consolidated revenues do not include revenues of the Trent Hypermarket business given the accounting standards, though, the reported results include the proportionate share of profitability of this venture and is accounted based on the equity method.
On the standalone basis, the bottom line stood at Rs 423 crore, rising by 23% versus Rs 342 crore in the year ago period. Meanwhile, the revenue was up 20% to Rs 4,781 crore compared to Rs 3,992 crore in the corresponding quarter of the last financial year.
The company said that its growth in revenues including across comparative micro markets was healthy, notwithstanding early onset of monsoon and geopolitical disruptions. For the fashion portfolio the like-for-like growth in Q1FY26 was in low single digits. The change in revenue participation across concepts remains broadly in line with company's strategic plans, the company filing said.
The Star business now consists of 77 stores including the addition of 2 stores and closure of 3 stores during the quarter. The company said that it is pursuing multiple interventions including on the technology front aimed at driving differentiation and convenience of the customer proposition.
As of the quarter-end, the company operated with a footprint of over 13 million square feet across fashion brands. The emerging categories, including beauty & personal care, innerwear and footwear continued to gain traction with customers. These emerging categories contribute to over 21% of our revenues.
Speaking on the performance, Chairman Noel N Tata said that the business delivered steady performance during the quarter. "We remain focused on evolving our differentiated consumer proposition that appeals to a wider audience across diverse markets. Notwithstanding continuing competitive intensity and interim trends, we believe an unwavering focus on being relevant to our customers and building resilience with our business model choices will, over time enable us to deliver significant value," Tata said.
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