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Trent Q1 FY26 Earnings Results – 9% rise in Profits

Trent Ltd is engaged in retailing of apparels, footwear, accessories, toys, games, food, grocery & non food products through various of its retail formats/ concepts. Presenting below are its Q1 FY26 earnings.

 

Q1 FY26 Earnings Summary

  • Consolidated Net Profit (PAT): ₹425 crore, up 9% year-over-year (YoY) from ₹391 crore in Q1 FY25.

  • Sequential PAT Growth: Profit rose 36% sequentially from ₹312 crore in Q4 FY25.

  • Consolidated Revenue: ₹4,883 crore, up 19% YoY from ₹3,992 crore in Q1 FY25 (standalone basis).

  • Consolidated Profit Before Tax (PBT): ₹565 crore, up 13% YoY.

  • Like-for-like growth in the fashion portfolio: Low single digits.

  • Store Expansion: Added 1 Westside store and 11 Zudio stores during the quarter.

  • Profit margins: The exact margin data was not reported, but a 70 basis points margin contraction is expected versus last year (analyst expectations around 14.2% EBITDA margin).

  • Standalone Results:

    • Net profit at ₹423 crore, up 23% YoY.

    • Revenue up 20% YoY to ₹4,781 crore.

 

Key Management Commentary & Strategic Highlights

  • The company reported healthy revenue growth across most micro markets despite headwinds such as early monsoon onset and geopolitical disruptions.

  • Management indicated that the historical five-year revenue CAGR for Trent has been 35%, but going forward, a sustainable revenue CAGR of about 25% is expected.

  • The strategic mix of revenue participation across business concepts remains broadly aligned with company plans.

  • Expansion plans include continued store additions and brand building.

  • Management is focused on sustaining growth momentum with improved operational efficiency amid changing consumer behavior and external challenges.

 

 

Q4 FY25 Earnings Summary

  • Trent Ltd reported Revenues for Q4FY25 of ₹4,217.00 Crores up from ₹3,298.00 Crore year on year, a rise of 27.87%.
  • Total Expenses for Q4FY25 of ₹3,876.00 Crores up from ₹3,074.00 Crores year on year, a rise of 26.09%.
  • Consolidated Net Profit of ₹312.00 Crores down 56.18% from ₹712.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹8.95, down 54.82% from ₹19.81 in the same quarter of the previous year.
  • Quarterly Trends: Q4 FY25 profit was lower than Q1 FY26, with sequential growth in Q1 indicating operational improvement.

 

To view the company’s previous earnings, click here

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