Trent Limited has reported a significant increase in its standalone revenue from operations, rising by 20 percent to ₹4,937 crore for the fourth quarter of FY26. The Tata Group retailer announced on Wednesday that operating profit surged by 43 percent to ₹668 crore during the same period.
On the National Stock Exchange (NSE), the company’s shares closed at ₹4,409.90, reflecting a slight increase of 0.44 percent for the day, which places the market capitalization at approximately ₹1.57 lakh crore.
The profit after tax (PAT) for the standalone operations saw a 30 percent increase, reaching ₹455 crore in Q4FY26. For the entire fiscal year, standalone revenue totaled ₹19,701 crore, an 18 percent increase over FY25. Operating EBITDA for the year grew by 27 percent to ₹2,687 crore, while full-year PAT was reported at ₹1,988 crore, marking a 25 percent rise year-over-year.
On a consolidated basis, Trent reported a 19 percent year-on-year increase in revenue from operations for Q4, totaling ₹5,028 crore. Operating EBITDA on a consolidated level increased by 44 percent to ₹653 crore, with PAT growing by 33 percent to ₹413 crore. For the full year, consolidated PAT grew more modestly at 13 percent to ₹1,741 crore.
The board of directors has approved a bonus issue, entitling shareholders to one equity share for every two shares held, citing a favorable medium-term growth outlook. The company’s operating EBIT margin expanded to 11.5 percent in Q4FY26, up from 9.7 percent in the same quarter last year. The return on capital employed for FY26 was reported at over 29 percent.
In terms of store expansion, Trent’s growth strategy remained robust, ending the year with 1,286 stores across 321 cities, including operations in three cities in the UAE. In Q4 alone, the company opened 109 Zudio stores and 23 Westside stores. For the complete fiscal year, a total of 212 Zudio and 60 Westside stores were added, bringing the tally to 963 Zudio stores and 300 Westside stores. Notably, over 80 percent of new Zudio locations were established in Tier II and III cities.
Additionally, the board has approved in principle a proposal to raise approximately ₹2,500 crore through an equity issue, which may include a rights issue aimed at funding store upgrades, enhancing supply chain automation, investing in digital initiatives, and nurturing new brand incubation.
Management acknowledged macroeconomic challenges, pointing out that consumer spending has been cautious amid geopolitical uncertainties and inflationary pressures on raw materials. Like-for-like growth in the fashion portfolio has been in the low single digits for both Q4 and the full fiscal year.
E-commerce performance for Westside showed a 25 percent growth in revenue for Q4, now making up over 6 percent of Westside’s total revenues, while emerging categories such as beauty, innerwear, and footwear collectively accounted for over 21 percent of revenues.
Currently, the stock trades at a trailing price-to-earnings ratio of 97.49 and has seen a decline of 17 percent over the past year, although it has delivered an impressive return of approximately 490 percent over the last five years.
Published on April 22, 2026.
