Trent FY26 Revenue Surges to ₹19,701 Crore, PAT Jumps to ₹1,968 Crore as Store Network Expands

Trent Limited delivered another year of strong growth in FY2025-26, reporting a significant increase in revenue, profitability, and store expansion as demand remained robust across its fashion and lifestyle retail formats. The Tata Group-backed retailer strengthened its position as one of India's fastest-growing organized retail companies, supported by the continued expansion of its flagship brands Westside and Zudio.

According to the company's Integrated Annual Report for FY2025-26, Trent reported standalone revenue from operations of ₹19,701.41 crore, reflecting strong growth compared to ₹16,668.11 crore recorded in the previous financial year. Profit After Tax (PAT) rose to ₹1,967.82 crore from ₹1,584.84 crore a year earlier, highlighting the company's ability to scale operations while maintaining healthy profitability.

The strong financial performance was accompanied by aggressive network expansion, with Trent adding 289 new stores during the year and crossing the milestone of 1,280 stores across India and international markets.

Strong Revenue and Profit Growth in FY26

Trent continued to benefit from growing consumer demand, expanding store footprints, and the increasing popularity of its value-fashion offerings. The company's revenue growth was supported by both same-store performance and new store additions across key markets.

Financial Performance Snapshot

Metric	FY2025-26	FY2024-25	Growth
Revenue from Operations	₹19,701.41 Crore	₹16,668.11 Crore	18.2%
Profit After Tax (PAT)	₹1,967.82 Crore	₹1,584.84 Crore	24.2%
Basic EPS	₹55.36	₹44.58	24.2%

The company reported an exceptional loss of ₹25.79 crore during the year related to the implementation of new Labour Codes that became effective from November 21, 2025. Despite this one-time impact, Trent maintained strong earnings growth and improved shareholder returns.

The Board of Directors has recommended a final dividend of ₹6 per equity share for FY2025-26, subject to shareholder approval at the upcoming Annual General Meeting.

Retail Network Expands to 1,280 Stores

One of the key highlights of FY26 was Trent's aggressive expansion strategy. The company added 289 new stores during the year, increasing its retail footprint by more than 4 million square feet.

The expansion reflects management's continued confidence in India's consumption story and the growing demand for affordable fashion across metro, tier-2, and tier-3 cities.

Store Network Overview

Parameter	FY2025-26
Total Stores	1,280
New Stores Added	289
Cities Covered	318
Westside Stores	300
Zudio Stores	963
UAE Stores	6

The Zudio brand remained the primary growth engine for Trent, accounting for the majority of store additions. The value-fashion retailer has rapidly expanded across the country and continues to gain market share in India's fast-growing affordable fashion segment.

Westside also maintained steady expansion while strengthening its premium fashion and lifestyle positioning.

Zudio Continues to Drive Growth

Zudio has emerged as one of the biggest success stories in Indian retail over the past few years. The brand's focus on affordable fashion, rapid inventory turnover, and wide product assortment has resonated strongly with value-conscious consumers.

With 963 stores now operational, including international locations, Zudio has become one of India's largest fashion retail chains by store count.

The brand's ability to offer trendy products at competitive price points continues to attract younger consumers, helping Trent strengthen its presence in both urban and emerging markets.

Sustainability and ESG Initiatives Gain Momentum

Beyond financial performance, Trent continued to strengthen its environmental, social, and governance (ESG) framework during FY26.

The company stated that its sustainability strategy is built around three key pillars:

• Resource Efficiency
• Responsible Business Practices
• People-Centric Growth

Trent reported that 93% of its suppliers by value are now compliant with SMETA 4-Pillar standards, reflecting its commitment to responsible sourcing and supply-chain transparency.

The company has also implemented occupational health and safety management systems across its operations and continues to focus on reducing environmental impact throughout its business ecosystem.

Dividend Reward for Shareholders

Reflecting confidence in the company's long-term growth outlook and strong cash generation capabilities, the Board recommended a dividend of ₹6 per equity share for FY26.

The proposed dividend underscores Trent's commitment to creating value for shareholders while continuing to invest aggressively in expansion opportunities.

Growth Outlook Remains Strong

India's organized retail sector continues to benefit from rising disposable incomes, urbanization, premiumization trends, and increasing consumer spending. Trent remains well-positioned to capitalize on these structural growth drivers through its diversified retail portfolio.

The company's continued expansion of Westside and Zudio, coupled with its growing presence across new markets, provides a strong foundation for future growth. Management's focus on scale, operational efficiency, and customer-centric offerings is expected to support sustained revenue and earnings momentum in the coming years.

Key Takeaways

Highlights	FY2025-26
Revenue	₹19,701.41 Crore
Profit After Tax	₹1,967.82 Crore
Revenue Growth	18.2% YoY
PAT Growth	24.2% YoY
Total Stores	1,280
New Stores Added	289
Zudio Stores	963
Westside Stores	300
Dividend Recommended	₹6 per Share

Trent's FY26 performance highlights the strength of its retail business model and its ability to scale rapidly while maintaining profitability. With revenue approaching the ₹20,000 crore mark, a rapidly expanding store network, and continued momentum in its flagship brands, the company remains one of India's most closely watched retail growth stories.

1. What were Trent's revenue and profit figures for FY2025-26?

Trent reported revenue from operations of ₹19,701.41 crore in FY2025-26, compared to ₹16,668.11 crore in FY2024-25. Profit After Tax (PAT) increased to ₹1,967.82 crore, reflecting strong growth driven by store expansion and robust consumer demand across its retail formats.

2. How many stores does Trent operate in India and overseas?

As of March 31, 2026, Trent operated a total of 1,280 stores across 318 cities. The network includes 300 Westside stores, 963 Zudio stores, and 6 international stores in the UAE, making it one of India's largest organized retail networks.

3. How many new stores did Trent add during FY26?

Trent added 289 new stores during FY2025-26 and expanded its retail footprint by more than 4 million square feet. The majority of the expansion came from the fast-growing Zudio format, which continues to be a key growth driver for the company.

4. What dividend has Trent announced for FY2025-26?

The Board of Directors has recommended a final dividend of ₹6 per equity share for FY2025-26. The dividend is subject to shareholder approval at the company's upcoming Annual General Meeting (AGM).

5. Why is Trent considered one of India's fastest-growing retail companies?

Trent's strong revenue growth, rising profitability, aggressive store expansion, and the success of brands like Zudio and Westside have positioned it among India's fastest-growing retail companies. Its presence across 318 cities and focus on affordable fashion and lifestyle products continue to drive long-term growth opportunities.