Trent's Q1 revenue grows 19% led by Zudio, Westside

The company's store count fell by 48 q-o-q to 1,043 as of 30 June, due to consolidation across formats

- Vaeshnavi Kasthuril

Trent Ltd on Wednesday posted a double-digit revenue growth for the June quarter, led by continued expansion of its fashion businesses Zudio and Westside. India's second-largest retailer by market capitalization recorded a revenue of ₹4,883 crore for the first quarter of FY26, up nearly 19% year-on-year (y-o-y). Net profit rose 13% to ₹565 crore.

The company recently lowered its growth outlook from a five-year compounded annual growth rate (CAGR) of 35% to a more tempered guidance.

Of the ₹4,883 crore revenue generated during the quarter, about 82% came from Trent's fashion businesses Zudio and Westside, while 18% came from its food and grocery unit, Star. The company has not disclosed the standalone revenue for Zudio and Westside.