TRENT LTD.

Trent Ltd announced the grant of 20,000 stock options to eligible employees under the 'Trent Limited - Employee Stock Option Plan 2026'. The Nomination and Remuneration Committee approved this grant, which is in compliance with SEBI regulations. The options are exercisable into equity shares with a face value of ₹1 each. The exercise price is set at ₹2,652. Vesting details and the period within which options can be exercised are subject to committee discretion and performance conditions. No options have been vested or exercised yet.

Trent Ltd announced a rotation of its statutory auditors. Deloitte Haskins & Sells LLP, the current auditors, will complete their second five-year term upon the conclusion of the 75th AGM in 2027. The Board of Directors, on the recommendation of the Audit Committee, has proposed the appointment of B S R & Co. LLP as the new statutory auditors for a term of five consecutive years, commencing from the conclusion of the 75th AGM in 2027 until the conclusion of the 80th AGM in 2032. This appointment is subject to shareholder approval. The company also reported its un-audited standalone and consolidated financial results for the quarter ended June 30, 2026, and a change in the Head of Internal Audit.

Trent Ltd announced a change in its senior management personnel. Mr. Ratul Neogi, Head of Internal Audit, will retire effective September 1, 2026. Ms. Varsha Agarwal has been appointed as the new Head of Internal Audit. The company also approved its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, reporting a net profit of ₹531.77 crore. Additionally, the Board recommended the appointment of B S R & Co. LLP as the new statutory auditors for a five-year term starting FY 2027-28, succeeding Deloitte Haskins & Sells LLP.

Trent Ltd announced its unaudited financial results for the quarter ended June 30, 2026. Standalone revenue from operations grew by 19% to ₹5,666 Cr, with operating EBITDA up 36% to ₹847 Cr and Profit After Tax (PAT) increasing by 26% to ₹532 Cr. The company expanded its store portfolio to over 1300 fashion stores across 330 cities, opening 23 new stores in Q1FY27. Consolidated revenue saw an 18% rise to ₹5,755 Cr, with PAT growing 22% to ₹518 Cr. The Chairman highlighted encouraging performance despite macroeconomic volatility, emphasizing strong growth potential and strategic investments in expanding the store footprint.

Trent Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors also approved a change in Senior Managerial Personnel, with Ms. Varsha Agarwal appointed as Head of Internal Audit. Additionally, the Board recommended the appointment of B S R & Co. LLP as the new Statutory Auditors for a five-year term starting FY 2027-28, subject to shareholder approval.

Trent's consolidated Q1 FY27 (quarter ended 30 June 2026) results — the primary basis — show revenue from operations of ₹5,754.71 Cr, up 17.8% YoY (+14.4% QoQ from ₹5,027.99 Cr), and net profit of ₹518.07 Cr, up 22.0% YoY (+25.4% QoQ from ₹413.10 Cr). Standalone told a similar story — revenue ₹5,666.30 Cr (+18.5% YoY) and PAT ₹531.77 Cr (+25.8% YoY) — with the ~3.9pp gap in PAT growth versus consolidated explained by a ₹9.74 Cr share-of-loss from associates/JVs at the group level this quarter, against a ₹9.21 Cr profit a year ago. Both statements carry unmodified limited-review opinions from Deloitte Haskins & Sells and no exceptional items this quarter, unlike FY26's full-year ₹25-26 Cr labour-code exceptional charge, so the comparison is clean. Margins expanded on both counts: the company's own operating-margin formula (pre-exceptional EBIT + depreciation + finance cost − other income, over revenue) rose to 19.62% from 17.36% a year ago and 18.44% in Q4 FY26, while net profit margin improved to 9.00% of revenue from roughly 8.7% YoY. The bridge: occupancy cost, the largest controllable line after merchandise cost, fell to 9.15% of revenue from 10.01% a year ago even as employee costs grew a controlled 15.2% YoY (₹370.79 Cr) — both below the 17.8% topline growth. Working the other way, depreciation jumped 40% YoY to ₹410.16 Cr on new-store ROU-asset amortisation under Ind AS 116, and other expenses rose 26.1% YoY to ₹643.91 Cr, faster than revenue. The print lands against a backdrop Trent itself set on 6 July: standalone revenue growth of 19% missed Citigroup's 23% and Motilal Oswal's 22% estimates, sending the stock down 11-12% that day on Citi's concerns over 'weakening revenue per square foot, rising competition, cannibalization' as store additions slow — only a net 20 stores this quarter (1 Westside, 19 Zudio), taking the network to 1,312 stores (982 Zudio incl. 7 in the UAE, 301 Westside). Trent gives no formal quarterly revenue or margin guidance on record, so today's board-approved actuals mainly confirm the already-known revenue trajectory while filling in the profitability and margin detail the market didn't have. Corporate actions this quarter: a 1-for-2 bonus share issue (paid-up capital up to ₹53.32 Cr from ₹35.55 Cr, all EPS restated), redemption of ₹500 Cr NCDs on 29 May, and today's board also approved the FY27-28 statutory auditor rotation to B S R & Co. LLP. Going into Q2 FY27, the key monitorable is whether revenue-per-square-foot and same-store-sales growth stabilise — Macquarie flagged moderated SSS growth this quarter but sees scope for a demand-led revival — and whether the ₹9.74 Cr associate/JV drag, including the ₹16.97 Cr Trent Hypermarket JV loss, persists or reverses toward last year's contribution.

Trent Ltd has issued an intimation under SEBI regulations to its shareholders regarding unclaimed dividend amounts. The company is reminding shareholders to claim their outstanding dividends, which are due to be transferred to the Investor Education and Protection Fund (IEPF) after seven years. Shareholders holding shares in demat or physical form are requested to submit specific documents to the Registrar and Transfer Agent (RTA), MUFG Intime India Private Limited, by the stipulated due dates. Failure to claim by the due date will result in the transfer of dividends to the IEPF, after which claims must be made directly from the IEPF.

Trent Ltd has issued a clarification regarding recent media articles published on July 20th, 2026, which discussed an interaction with a senior leader concerning the Westside business. The company stated that the comments were in the context of the brand's potential, growth aspirations, and market opportunity, and should not be construed as forward-looking guidance. Trent Ltd affirmed that all material information impacting operations and performance has been consistently and accurately disclosed to stock exchanges as required by SEBI regulations, and this information is also available on their website.

Trent Ltd has announced that its Board of Directors will convene on August 6, 2026, to consider and approve the unaudited financial results for the first quarter ended June 30, 2026. The company also informed that the trading window for its securities will remain closed from June 24, 2026, to August 8, 2026, in compliance with the Tata Code of Conduct for Prevention of Insider Trading. This announcement provides investors with a clear timeline for the release of the company's quarterly financial performance.

Trent Ltd has reported a 19% year-on-year growth in standalone revenue from operations (excluding GST) for Q1 FY27, reaching ₹5,666 Crores. Revenue from merchandise sales also saw a 19% increase. The company expanded its retail footprint, adding 1 Westside store and 19 Zudio stores during the quarter. As of June 30, 2026, Trent operates a total of 1312 stores, comprising 301 Westside, 982 Zudio (including 7 in UAE), and 29 stores across other lifestyle concepts. The reported revenue is subject to statutory audit.