Published on 29/04/2025 04:07 PM
Trent Ltd on Tuesday reported a decline in standalone net profit to Rs 350 crore for the fourth quarter ended March 2025, beating estimates. The Tata Group retail firm had posted a net profit of Rs 654 crore a year ago, Trent Ltd said in a regulatory filing. Net profit in the previous year had benefited from an exceptional gain of Rs 543 crore arising from a reassessment of lease terms.
A Moneycontrol poll of six brokerges expected the company to report net profit of Rs 344 crore.
Standalone revenue from operations rose 29 per cent to Rs 4,203.14 crore up from Rs 3,260.2 crore. However, on a sequential basis, revenue declined 8 per cent. On a consolidated basis, total income rose 27.2 per cent YOY to Rs 4,291.3 crore, but declined 9 per cent from Rs 4,710.2 crore reported in the the December quarter, signalling a cooling fast fashion market from a high base seen post pandemic. A poll of six brokerages had expected the Zudio parent to report a revenue growth of 34 percent year-on-year at Rs 4,275 crore.
Trent Ltd operates retail stores under the brand name Westside, Zudio and Star. Shares of Trent settled at Rs 5,510 per share on the NSE, up 5.77 percent.
The Tata-group company has reported its slowest growth since FY21 in the January-March quarter, joining a growing list of global and Indian apparel brands — including Uniqlo, H&M, and Lifestyle — that are now grappling with a sharp deceleration in revenue growth, a reversal from the boom seen in the immediate aftermath of the pandemic.
While Trent has consistently outpaced peers in revenue growth and store expansion, analysts now say that the broader macro pressures are catching up, particularly in metros and Tier-1 cities, where demand is stagnant amid inflationary pressures and slow income growth.
As of March 31, 2025, Trent’s retail footprint comprised 248 Westside stores, 765 Zudio outlets—including two in the UAE—and 30 stores across its other lifestyle concepts.4o
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