{"id":179650,"date":"2026-02-05T07:47:02","date_gmt":"2026-02-05T12:47:02","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=179650"},"modified":"2026-02-05T07:47:05","modified_gmt":"2026-02-05T12:47:05","slug":"trent-q3-fy26-earnings-results","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/trent-q3-fy26-earnings-results\/","title":{"rendered":"Trent Q3 FY26 Earnings Results"},"content":{"rendered":"\n<p>Trent Ltd is engaged in retailing of apparels, footwear, accessories, toys, games, food, grocery &amp; non food products through various of its retail formats\/ concepts.<\/p>\n\n\n\n<div style=\"height:32px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Q3 FY26 Earnings Results<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Revenue from Operations:<\/strong> \u20b95,345 cr, +15% YoY (vs \u20b94,656 cr in Q3 FY25).<\/li>\n\n\n\n<li><strong>EBITDA:<\/strong> \u20b91,080 cr, +28% YoY; <strong>EBITDA Margin:<\/strong> 20.2% (expanded from 18.1% YoY). <\/li>\n\n\n\n<li><strong>PAT:<\/strong> \u20b9510.1 cr, +3% YoY (vs \u20b9496.5 cr in Q3 FY25). <\/li>\n\n\n\n<li><strong>Other key metrics:<\/strong>\n<ul class=\"wp-block-list\">\n<li><strong>Total Income (incl. other income):<\/strong> \u20b95,364 cr, +15% YoY.<\/li>\n\n\n\n<li>Store footprint: Continued expansion with significant contributions from Zudio &amp; Westside retail formats, standalone Q3 revenue also showed 17% YoY growth to \u20b95,220 cr. <\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<div style=\"height:32px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Management Commentary &amp; Strategic Decisions<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Management attributed Q3 <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/8afbc785-5f6f-49a0-b95b-eedb7716a31c.pdf\" target=\"_blank\" rel=\"noopener\">performance to continued traction in retail demand<\/a>, driven by Zudio\u2019s strong value-fashion growth and resilient Westside performance, supported by aggressive store additions and broadening market penetration. <\/li>\n\n\n\n<li>Leadership noted that consumer demand has stayed reasonably steady, buoyed by broader macro tailwinds such as tax cuts boosting disposable incomes, although growth momentum has moderated from earlier high rates of expansion. <\/li>\n\n\n\n<li>Despite operational strength, a one-time charge related to labour code implementation impacted net profit comparisons. <\/li>\n\n\n\n<li>Strategic focus remains on expanding retail network (new Zudio &amp; Westside stores), enhancing same-store sales performance, and balancing value vs lifestyle formats for diversified growth. Management also highlighted the challenge of intensifying fashion retail competition as a backdrop to execution strategies. <\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-49-839x1024.png\" alt=\"\" class=\"wp-image-179654\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-49-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-49-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-49-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-49-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-49.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Q2 FY26 Earnings Results <\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Revenue from Operations:<\/strong> \u20b94,883 cr in Q1 and  \u20b94,818 cr in Q2 FY26.<\/li>\n\n\n\n<li><strong>PAT\/FY26 Q2:<\/strong> \u20b9373 Cr.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:33px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Management Commentary Q2<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Management commentary in earlier quarters highlighted steady revenue and store network expansion, coupled with margin resilience owing to improved merchandise mix and omni-channel penetration. Margins benefited from cost efficiencies and strategic sourcing initiatives<\/li>\n<\/ul>\n\n\n\n<p>To view the company\u2019s previous earnings and latest concall transcripts,&nbsp;<a href=\"https:\/\/alphastreet.com\/india\/\">click here<\/a>&nbsp; to visit the Alphastreet India news channel.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trent Ltd is engaged in retailing of apparels, footwear, accessories, toys, games, food, grocery &amp; non food products through various of its retail formats\/ concepts. Q3 FY26 Earnings Results Management Commentary &amp; Strategic Decisions Q2 FY26 Earnings Results Management Commentary Q2 To view the company\u2019s previous earnings and latest concall transcripts,&nbsp;click here&nbsp; to visit the [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":179654,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,6351],"tags":[13787],"class_list":["post-179650","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-consumer-stocks","tag-retail-chain"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-49.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":179542,"url":"https:\/\/alphastreet.com\/india\/v2-retail-q3-fy26-earnings-results\/","url_meta":{"origin":179650,"position":0},"title":"V2 Retail Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"February 4, 2026","format":false,"excerpt":"Company primarily operates in Tier-II and Tier-III cities, with a chain of \u201cV2 Retail\u201d stores offering apparel and general merchandise, catering to the entire family. Q3 FY26 Earnings Results Revenue from Operations: \u20b9929 cr, +57% YoY vs \u20b9592 cr in Q3 FY25, strong growth driven by aggressive store expansion and\u2026","rel":"","context":"In &quot;LATEST&quot;","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-43.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-43.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-43.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-43.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-43.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-43.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":179338,"url":"https:\/\/alphastreet.com\/india\/pb-fintech-q3-fy26-earnings-results\/","url_meta":{"origin":179650,"position":1},"title":"PB Fintech Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"February 3, 2026","format":false,"excerpt":"PB Fintech Ltd, popularly known as\u00a0Policy Bazar\u00a0is India\u2019s largest online platform for insurance and lending products through its flagship brands - Policybazaar and Paisabazaar platform through which they provide convenient access to insurance, credit and other financial products. Q3 FY26 Earnings Results Revenue from Operations: \u20b91,771 cr, +37% YoY vs\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-34.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-34.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-34.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-34.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-34.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-34.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":179629,"url":"https:\/\/alphastreet.com\/india\/team-lease-q3-fy26-earnings-results\/","url_meta":{"origin":179650,"position":2},"title":"Team Lease Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"February 5, 2026","format":false,"excerpt":"Team Lease Services provides employment related services. It provides solutions for staffing, recruitment, training, payroll processing and regulatory compliance. Its major business segments are: General staffing, Specialized staffing, HR Services Revenue from Operations: \u20b93,037 cr, +4% YoY (vs \u20b92,931 cr in Q3 FY25). EBITDA: \u20b943 cr, +22% YoY; EBITDA Margin:\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":179335,"url":"https:\/\/alphastreet.com\/india\/veedol-q3-fy26-earnings-results\/","url_meta":{"origin":179650,"position":3},"title":"Veedol Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"February 3, 2026","format":false,"excerpt":"Veedol (Tide Water Oil Co. Ltd.) is a leading manufacturer and marketer of lubricants in over 65 countries around the globe. In India, it has been catering to both automotive and industrial segments since 1928 under the brand \u201cVeedol''. Q3 FY26 Earnings Results Revenue from Operations: Consolidated \u20b9537.73 cr, +11.47%\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-33.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-33.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-33.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-33.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-33.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-33.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":179315,"url":"https:\/\/alphastreet.com\/india\/railtel-q3-fy26-earnings-results\/","url_meta":{"origin":179650,"position":4},"title":"RailTel Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"February 3, 2026","format":false,"excerpt":"RailTel was incorporated in 2000, with the objective of creating nationwide broadband and VPN services, telecom, and multimedia network, to modernize the train control operation and safety system of Indian Railways. It is a\u00a0\"Navratna\"\u00a0PSU of the Government of India. At present, RailTel's network passes through around 6,000 stations across the\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":179802,"url":"https:\/\/alphastreet.com\/india\/shree-renuka-sugars-q3-fy26-earnings-results\/","url_meta":{"origin":179650,"position":5},"title":"Shree Renuka Sugars Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"February 6, 2026","format":false,"excerpt":"Incorporated in 1995, Shree Renuka Sugars Ltd does manufacturing and refining of sugar, ethyl alcohol, ethanol, generation and sale of power. Q3 FY26 Earnings Results Revenue from Operations: \u20b92,273 cr consolidated, -12.7% YoY (vs \u20b92,603 cr in Q3 FY25), and -6.2% QoQ (from \u20b92,423 cr in Q2 FY26). EBITDA \/\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179650","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=179650"}],"version-history":[{"count":1,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179650\/revisions"}],"predecessor-version":[{"id":179657,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179650\/revisions\/179657"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/179654"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=179650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=179650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=179650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}