Tata Group retail arm Trent Ltd reported a 2.73% increase in consolidated net profit to Rs. 510.11 crore (US $ 56.42 million) for the December quarter of FY ’26, compared with Rs. 496.54 crore (US $ 54.92 million) in the same period a year earlier, according to a regulatory filing by the company.
Revenue from operations rose 14.78% year on year to Rs. 5,345.06 crore (US $ 591 million) in the October–December quarter, up from Rs. 4,656.56 crore (US $ 515 million) a year ago. Total income, including other income, stood at Rs. 5,363.85 crore (US $ 593 million), marking a growth of 13.87% during the quarter.
The company said the gross margin profile of its key fashion brands, Westside and Zudio, remained stable. Operating earnings before interest and tax (EBIT) margin for the quarter was reported at 13.8%, compared with 13.2% in the corresponding period of the previous year.
Trent recorded an exceptional item in the form of a net loss of Rs. 26.11 crore (US $ 2.89 million) during the quarter, attributed to the implementation of new Labour Codes. Profit before exceptional items and tax rose 11.4% year on year to Rs. 690.18 crore (US $ 76.33 million). Total expenses increased 14.25% to Rs. 4,673.67 crore (US $ 516 million) in the December quarter.
The retailer, which operates brands including Westside, Zudio and Star, continued to expand its physical footprint during the period. It said that 17 Westside stores and 48 Zudio stores, including one outlet in the UAE, were opened in the third quarter. As of 31st December 2025, Trent operated more than 1,100 large-format fashion stores across 274 cities, with a combined retail area exceeding 15 million square feet. Its store portfolio comprised 278 Westside outlets, 854 Zudio stores—including four in the UAE—and 32 stores under other lifestyle concepts.
Commenting on the performance, chairman Noel N Tata said the fashion business delivered category-leading growth during the quarter. He noted that customer sentiment was gradually improving and said the company’s medium-term business outlook remained positive. He added that Trent would continue to focus on expanding its portfolio, upgrading product offerings and enhancing the in-store experience for customers.
Tata also said the company’s differentiated consumer proposition had helped it appeal to a broad customer base across diverse markets. He added that a continued focus on customer relevance and a resilient business model would support future growth, while reiterating the company’s commitment to building a sizeable direct-to-customer business across segments in line with market opportunities.
