Trent's Q1 FY 2025-26 Quarterly Results

Result Summary

• Trent Ltd reported a 45.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 18.6%.
• Its expenses for the quarter were up by 42.1% QoQ and 17.9% YoY.
• The net profit decreased 40.4% QoQ and increased 8.6% YoY.
• The earnings per share (EPS) of Trent Ltd stood at 12.1 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Trent Ltd is a prominent player in the retail industry, primarily engaged in the operation of retail stores selling a wide range of products including apparel, accessories, and household items. The company is known for its popular brand Westside, which offers a variety of fashion products and homeware. Additionally, Trent is involved in other retail ventures such as Zudio, a more affordable retail brand, and Star, a chain of hypermarkets and supermarkets in collaboration with Tata and Tesco. As of the latest update available in October 2023, there are no major developments or announcements from Trent Ltd that significantly alter its business operations or strategic direction.

Revenue

In the first quarter of FY26, Trent Ltd reported a total income of ₹4,924.07 crores, which marks a significant quarter-over-quarter (QoQ) increase of 45.9% from ₹3,374.57 crores in Q4FY25. Compared to the same quarter in the previous year (Q1FY25), there is a year-over-year (YoY) growth of 18.6% from ₹4,150.40 crores. This growth over both periods reflects a strong revenue performance for the company. The substantial QoQ growth may be attributed to factors such as seasonal demand variations or strategic business initiatives, though specific details are not available.

Profitability

Trent Ltd's profit before tax (PBT) for Q1FY26 was ₹555.48 crores, which is a decline of 36.7% QoQ from ₹877.10 crores reported in Q4FY25. However, it represents a YoY increase of 24.6% from ₹445.79 crores in Q1FY25. Following taxation, the profit after tax (PAT) stood at ₹424.70 crores for Q1FY26, showing a decrease of 40.4% QoQ from ₹712.09 crores in Q4FY25, but an increase of 8.6% YoY from ₹391.21 crores in Q1FY25. The company's earnings per share (EPS) also reflected these trends, with a value of ₹12.10 in Q1FY26, down 38.9% QoQ from ₹19.80 in Q4FY25, yet up 10.0% YoY from ₹11.00 in Q1FY25.

Operating Metrics

During Q1FY26, Trent Ltd's total expenses were ₹4,368.59 crores, up 42.1% QoQ from ₹3,073.54 crores in Q4FY25 and 17.9% YoY from ₹3,704.61 crores in Q1FY25. This suggests a parallel increase in costs alongside revenue growth. The taxation for the quarter was ₹139.99 crores, decreasing by 32.4% QoQ from ₹206.94 crores in Q4FY25, but rising by 27.1% YoY from ₹110.18 crores in Q1FY25. The changing tax expense aligns with the fluctuations in profits before tax across the periods reviewed, indicating variations in the effective tax rate or taxable income. Specific financial ratios such as the P/E ratio, debt-to-equity ratio, and current ratio are not available from the provided data, and thus cannot be calculated in this analysis.