Trent Q4 Results: Cons PAT jumps 26% YoY to Rs 400 crore; Rs 6/share dividend declared

Lifestyle retailer Trent Limited on Wednesday reported a 26% growth in its consolidated net profit for the quarter ended March 31, 2026, at Rs 400 crore versus Rs 318 crore in the year-ago period. The profit after tax (PAT) is attributable to the company's equity holders.

Revenue from operations in Q4 stood at Rs 5,028 crore, up 19% compared to Rs 4,216 crore in the corresponding quarter of the previous financial year.

The Tata Group company also announced a dividend of Rs 6 per equity share while approving a 1:2 bonus issue.


The company, in its filing to the exchanges, said that the dividend payment will be subject to shareholders’ approval at the 74th Annual General Meeting (AGM). It will be paid on or after the third day from the conclusion of the AGM.

The company will also inform the record date for its first-ever bonus issue at a later date.

Rights issue
The board also approved raising additional funds of up to Rs 2,500 crore through the issuance of equity shares via a rights issue and/or other permissible modes, in one or more tranches. The company will communicate the timelines in due course.

Trent, which operates Zudio and Westside retail stores, reported a 22% sequential drop in its bottom line compared to Rs 513 crore in the October-December quarter of FY26. The topline fell 6% from Rs 5,345 crore in Q3FY26.

The company’s operating earnings before interest, tax, depreciation and amortisation (EBITDA) for the quarter under review stood at Rs 653 crore, marking a 44% increase. For FY26, EBITDA rose 25% to Rs 2,702 crore.

Key operational updates
- The company now operates a portfolio of over 1,250 “large-box” fashion stores, with a presence across 321 cities (including three in the UAE). In Q4FY26, it opened 23 Westside and 109 Zudio stores (including two in the UAE), consolidated one Westside store, and expanded its presence to 47 new cities.

- For the full year, it opened 60 Westside and 212 Zudio stores (including four in the UAE) and consolidated eight Westside and 14 Zudio stores.

Management speak
Chairman Noel N. Tata said the company delivered a resilient FY26 performance despite macroeconomic and geopolitical challenges, with expectations of improving consumer sentiment ahead. He highlighted evolving consumer aspirations and reiterated Trent’s focus on building a strong lifestyle brand portfolio to capture long-term growth opportunities.

In the Star business, own brands now contribute over 73% of revenues, with plans to accelerate store expansion and strengthen presence in high-density locations to tap the large food and grocery opportunity, he added.