Quarterly Performances
Trent Reports 19% YoY Revenue Growth in Q1 FY27; Store Network Expands to 1,312
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Trent Limited reported standalone revenue from operations of ₹5,666 crore (excluding GST) for Q1 FY27, registering 19% year-on-year growth. During the quarter, the company expanded its retail footprint to 1,312 stores, driven primarily by continued additions to its Zudio network.
PRICE-SENSITIVE TRIGGER
Event: Q1 FY27 Business Update
Type: Quarterly Operational Update
Impact: Positive
Immediate Effect: Q1 FY27 standalone revenue increased 19% YoY, while the store network expanded to 1,312 outlets.
Key Metrics:
- Standalone Revenue (Q1 FY27): ₹5,666 crore
- Standalone Revenue (Q1 FY26): ₹4,781 crore
- YoY Revenue Growth:Â 19%
- Revenue from Merchandise Sales:Â Increased 19% YoY
- Total Store Count (30 June 2026):Â 1,312
- Westside Stores:Â 301
- Zudio Stores:Â 982 (including 7 in UAE)
- Other Lifestyle Concepts:Â 29
- Net Store Additions (Q1 FY27):
- Westside: +1
- Zudio: +19
Highlight:
- Trent maintained strong double-digit revenue growth while continuing its aggressive expansion of the Zudio format.
What Happened ?
Trent Limited released its Q1 FY27 business update, reporting 19% year-on-year growth in standalone revenue to ₹5,666 crore. The company also continued expanding its retail presence, taking its total store portfolio to 1,312 stores by the end of June 2026, led by additions in the Zudio format.
Key Details
Operational Update:
- Standalone revenue reached ₹5,666 crore during Q1 FY27.
- Merchandise sales also recorded 19% YoY growth.
- Total retail network expanded to 1,312 stores.
- Store portfolio comprises:
- 301 Westside stores
- 982 Zudio stores, including 7 in the UAE
- 29 stores across other lifestyle concepts.
- During the quarter, Trent added:
- 1 Westside store
- 19 Zudio stores
Note:
- The standalone revenue figures are subject to statutory audit, as stated by the company.
Risk Analysis
Summary:
- The update reflects continued operational momentum with no material adverse developments disclosed. Future growth remains dependent on consumer demand, execution of store expansion and operating performance.
Key Risks:
- Revenue figures remain subject to statutory audit.
- Sustaining high growth will depend on continued consumer spending.
- Rapid network expansion requires efficient execution and inventory management.
Worst Case:
- Any slowdown in discretionary consumption or weaker performance from newly opened stores could moderate future revenue growth.
Risk Level: Low
Company Commentary
- The company reported 19% YoY growth in standalone revenue for Q1 FY27.
- Trent expanded its retail network to 1,312 stores as of 30 June 2026.
- A detailed press release will also be made available on the company’s website.
Official Exchange Filing: Trent Limited
