Trent Ltd has reaffirmed its long-term ambition of achieving tenfold growth, while outlining an aggressive store expansion strategy across its retail formats at its Annual General Meeting (AGM).
The Tata Group retailer said it currently holds an estimated 2% share of India’s fashion and lifestyle retail market and remains focused on expanding its footprint across the country. The company expects continued growth from its store rollout plans and expanding brand portfolio.
As part of its expansion strategy, Trent plans to open around 50 Westside stores annually, while adding between 200 and 250 Zudio outlets each year. The company also intends to launch between 25 and 40 new Star stores annually.
Over the medium term, Westside’s store network is expected to increase from approximately 300 outlets to 700, while Zudio is targeted to grow from around 960 stores to nearly 5,000 locations.
Trent noted that like-for-like (LFL) growth came under some pressure during FY ’26 due to the rapid pace of store additions. However, the retailer expects performance to improve and has guided for annual LFL growth of 11%-13% in the coming years.
The company also indicated that newer brands, including Burnt Toast and Samoh, are likely to require another two to three years before reaching meaningful scale. In addition, Trent plans to introduce products across new categories and gradually expand its international presence.
The retailer reported strong financial results for the quarter ended March 2026. Consolidated net profit rose 32.57% year-on-year to Rs. 413.1 crore (US $45.44 million), compared with Rs. 311.6 crore (US $34.28 million) in the corresponding period a year earlier.
Revenue from operations increased 19.23% to Rs. 5,027.99 crore (US $553.08 million) during the quarter, up from Rs. 4,216.94 crore (US $463.86 million) in the same period last year. Trent also reported a 44% year-on-year increase in EBITDA to Rs. 5,028 crore (US $553.08 million) during the January-March quarter.
Bharat Tex Special Report 2026 
