Trent Q2 Results: Profit up 11%, revenue and margins surpass estimates on strong retail momentum

Trent Q2FY26 Results: Tata Group’s retail arm Trent Ltd posted a steady set of results for the July–September quarter of FY26, with earnings surpassing most expectations on revenue and margin fronts, even as profit came in below projections from the Zee Business Research Team.

The company’s net profit rose 11.3 per cent year-on-year to Rs 373 crore, compared to Rs 335 crore in the same quarter last year. However, this was below the Zee Business estimate of Rs 450 crore, reflecting slightly higher expenses and other income impact.

Trent’s revenue from operations grew 15.9 per cent to Rs 4,817 crore, against Rs 4,156 crore a year ago — marginally above the estimate of Rs 4,800 crore, highlighting strong sales momentum across its Westside and Zudio formats.

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Operating performance remained strong, with EBITDA rising 26.5 per cent year-on-year to Rs 816.9 crore, compared to Rs 645.9 crore in Q2 FY25. The figure also beat the estimate of Rs 800 crore. The EBITDA margin expanded to 17 per cent, higher than 16.7 per cent expected and 15.5 per cent reported last year, indicating efficient cost management and scale benefits.