Trent Ltd Reports 22% Profit Increase in Q1 FY27

Trent Ltd, the retail arm of the Tata Group, reported consolidated financial results for the first quarter ended June 30, 2026, showing a year-on-year net profit increase of approximately 22% to ₹518 crore, though one source reports the figure as ₹532 crore. Revenue from operations rose roughly 18% to approximately ₹5,755 crore.

Growth was driven by the expansion of the Westside and Zudio brands into non-metropolitan cities and the United Arab Emirates. During the quarter, the company opened one Westside store and 22 Zudio stores, bringing the Zudio total to 982. Chairman Noel Tata described the results as encouraging despite macroeconomic volatility, geopolitical events, and rising raw material costs.

The company also announced leadership and governance changes. Varsha Agarwal will become Head of Internal Audit effective September 1, 2026. Additionally, the board recommended B S R & Co. LLP as the new statutory auditors starting in 2027, replacing Deloitte Haskins and Sells LLP after the 75th Annual General Meeting.