Trent Reports 39% Revenue Growth In Q2 FY25 With Strong Expansion Across Retail Outlets

Trent, part of the Tata Group and a key player in the retail sector, reported a 39 per cent year-on-year increase in standalone revenues for Q2 FY25, reaching Rs 4,260 crore, with Profit Before Tax (PBT) rising 48 per cent to Rs 555 crore. The company’s consolidated revenues, including contributions from its Westside, Zudio, and Star brands, rose to Rs 4,394 crore, marking a 39 per cent growth over the previous year.

Trent's portfolio now encompasses 831 fashion outlets, with 43 new stores inaugurated in Q2 alone, further expanding its reach across 184 cities. Among these additions, seven new Westside and 34 Zudio outlets were launched, including Zudio’s first international store in Dubai. The company also introduced its Zudio Beauty concept in India, emphasising Trent’s commitment to growing and diversifying its product offerings.

Chairman Noel N Tata noted the ongoing challenges of subdued consumer demand and seasonal variations but praised Trent's performance, especially in own-brand products within the Star business. Tata remarked, “Our team has delivered robust results across all our formats and categories, despite the broader economic challenges. We’re focused on expanding our footprint to bring Trent’s offerings closer to customers.”

For Q2, Trent’s retail formats like Westside and Zudio saw double-digit same-store sales growth. Emerging categories such as beauty, personal care, and footwear now account for over 20 per cent of Trent’s total revenues, while online platforms, including Tata Neu, contribute over 5 per cent to Westside’s revenues.

The Star business, Trent's supermarket chain, experienced a 27 per cent revenue growth in Q2, boosted by improved sales density and customer loyalty. Trent’s expansion aligns with its strategic growth goals, positioning the company to meet diverse consumer needs across India’s competitive retail landscape.