The company’s revenue from operations registered an increase of 39.3 per cent as it rose to Rs 4,156.67 crore in the second quarter of the current financial year (Q2FY25)
Reporting a surge of 46.91 per cent on a year-on-year basis in the second quarter of the current financial year, Trent, part of the Tata Group and a key player in the retail sector, posted a consolidated net profit of Rs 335.06 crore in Q2FY25 compared to Rs 228.06 crore consolidated net profit in the same period of the previous fiscal, the company said in a regulatory filing.
As per the company’s unaudited consolidated financial results, its revenue from operations registered an increase of 39.3 per cent as it increased from Rs 2,982.42 crore in Q2FY24 to Rs 4,156.67 crore in Q2FY25. The company’s total expenses grew to Rs 3,743.61 crore in the quarter as against Rs 2,773.52 crore in Q2FY24.
Trent’s portfolio now encompasses 831 fashion outlets, with 43 new stores inaugurated in Q2 alone, further expanding its reach across 184 cities. Among these additions, seven new Westside and 34 Zudio outlets were launched, including Zudio’s first international store in Dubai.
Chairman Noel N Tata noted the ongoing challenges of subdued consumer demand and seasonal variations but praised Trent’s performance, especially in own-brand products within the Star business. Tata remarked, “Our team has delivered robust results across all our formats and categories, despite the broader economic challenges. We’re focused on expanding our footprint to bring Trent’s offerings closer to customers.”
The Star business, Trent’s supermarket chain, experienced a 27 per cent revenue growth in Q2, boosted by improved sales density and customer loyalty. Trent’s expansion aligns with its strategic growth goals, positioning the company to meet diverse consumer needs across India’s competitive retail landscape.
