| Metric | Value (₹ Cr) | Q3 FY26 | Q4 FY25 |
|---|---|---|---|
| Revenue | 5.0K | 5.9% | 19.2% |
| Total Income | 5.1K | 5.7% | 17.8% |
| Expenditure | 4.5K | 3.3% | 16.7% |
| PBT | 534.95 | 19.4% | 28.3% |
| Net Profit | 413.10 | 19.0% | 32.6% |
| OPM | 18.44% | 1.30pp | 2.98pp |
| NPM | 8.17% | 1.34pp | 0.91pp |
| EPS | 11.26 | 21.9% | 25.8% |
Trent Q4 FY26 Revenue up 20%, Operating Profit up 43%; Bonus Issue 1:2
22 Apr 2026 · 22 Apr, 4:14 pm
Summary
Trent Limited announced robust financial results for Q4 and FY26, showcasing strong growth across standalone and consolidated operations. Standalone revenue from operations for Q4 FY26 grew 20% to ₹4,937 crore, contributing to a full-year revenue of ₹19,701 crore, an 18% increase. Operating EBITDA saw a substantial 43% rise to ₹668 crore for the quarter, with full-year operating profit up 27% to ₹2,687 crore. The company continued its aggressive expansion, opening numerous Westside and Zudio stores and reaching a total fashion store portfolio of over 1250, while the Board's approval of a bonus issue reflects management's confidence in future prospects.
Key Highlights
- 1
Trent Limited reported a 20% year-on-year growth in standalone revenue from operations, reaching ₹4,937 crore for Q4 FY26, with the full-year FY26 standalone revenue at ₹19,701 crore, up 18%.
- 2
Standalone Operating EBITDA saw a significant increase of 43% to ₹668 crore for Q4 FY26 and grew 27% to ₹2,687 crore for the full year.
- 3
Profit After Tax (adjusted for new labor code impact) for standalone operations surged 30% to ₹455 crore in Q4 FY26, achieving ₹1,988 crore for FY26, a 25% increase.
- 4
The Board considered and approved a bonus issue of 1 equity share for every 2 equity shares held, reflecting the compelling outlook over the medium term.
- 5
The company expanded its fashion store portfolio to over 1250 'large-box' stores across 321 cities, opening 60 Westside and 212 Zudio stores for the full year FY26.
- 6
Operating EBIT margin for Q4 FY26 was 11.5%, showing an improvement from 9.7% in Q4 FY25.
- 7
Consolidated revenue from operations grew 19% to ₹5,028 crore for Q4 FY26, with consolidated Operating EBITDA increasing 44% to ₹653 crore for the quarter.
Management Comments
Noel N Tata
In FY26, the business delivered encouraging performance, while navigating multiple macroeconomic and geopolitical developments with resilience. We believe that the consumer sentiment would recover further in the coming months once the geopolitical environment settles down. The Indian consumer continues to evolve with growing aspirations and increasing access to a diverse set of offerings. In this context, we believe, a differentiated customer proposition that builds on relevance and ubiquitous presence will continue to see much traction. We are still in the initial laps of our growth and we remain committed to building out a portfolio of brands that address the significant market opportunity in the lifestyle space. In our Star business, we continue to apply Trent’s playbook and the contribution of our own brands and products is now trending over 73% of revenues. We recognize that the expansion program for Star stores has been slower vis-à-vis our expectations and we are looking to accelerate this agenda in the coming years. We are also looking to make select commitments to retail real estate that allows Star to viably access dense catchments. The food and grocery opportunity is significant and the Star model is differentiated. We remain convinced th
Informational and educational content only. Not investment advice.