Trent
Trent shocker! Stock tanks 10% even after Q3 growth
Mumbai/IBNS: Shares of Trent Ltd. declined for the second consecutive session on Wednesday, extending losses to around 10%, media reports said.
The Tata Group retail arm, which operates popular brands such as Westside and Zudio, saw its stock fall nearly 9% on Tuesday after reporting a 17% revenue growth in the third quarter.
The growth, however, was well below the management’s guidance of 25% shared earlier during an analyst meet, CNBC TV18 reported.
For the third quarter of FY 2025–26, Trent reported a 17% year-on-year increase in revenue to Rs. 5,220 crore, compared with Rs. 4,466 crore in the same quarter last year.
Despite the rise, the pace of revenue growth in Q3 FY 2026 was slower than that recorded in Q3 of the previous year, Q4 FY 2025 and Q1 FY 2026, weighing on investor sentiment.
The stock had closed at Rs. 4,417 on Monday, gaining a marginal 0.17%. Overall, Trent shares are down nearly 41% so far in 2025.
During the quarter, Trent expanded its retail footprint by adding 17 Westside stores and 48 Zudio outlets.
Notably, the addition of Zudio stores exceeded market estimates of 39 new outlets, reports said.
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