Latest news with #TrentLimited
Indian Express
04-07-2025
- Business
- Indian Express
Trent Share Price: Tata stock sinks 11% after Q1FY26 update, AGM
Trent Share Price: Shares of Trent Limited fell over 11 per cent on Friday, July 4 after the company announced its standalone revenue for the June quarter. At around 1:42 pm, shares of the Tata stock trading at Rs 5488 apiece, down 11.36 per cent. Trent Limited operates retail stores under brand names like Westside, Zudio and Star. It registered a 52-week high and 52-week low of Rs 8345 and Rs 4488 on October 14, 2024 and April 7, 2025, respectively. Trent Ltd on Friday said its standalone revenue for the June quarter was up 19.7 per cent to Rs 5,061 crore. In an exchange filing, the company said that its standalone revenue for the corresponding June quarter a year ago was at Rs 4,228 crore. 'As of June 30, 2025, our store portfolio included 248 Westside, 766 Zudio (including 2 in UAE) and 29 stores across other lifestyle concepts,' it said in a filing. During the April-June period, Trent opened one store for Westside and 11 of its value offering format Zudio, which targets the affordable fast-fashion segment. Trent Limited is a component of the BSE Sensex. According to the BSE analytics (as of July 4), shares of Trent Limited gave negative returns of 8.72 per cent and 7 per cent, in the last 1 week and 2 weeks, respectively. In the last 1 month and 2 months, shares of the Tata stock fell 0.29 per cent and 1.22 per cent, respectively. In the last 1 year, shares of the company down 1.83 per cent. However, in the past 2 years, 3 years, 5 years, and 10 years, shares of the company gained 216.41 per cent, 392.09 per cent, 786.93 per cent, and 4624.50 per cent, respectively. Trent paid a dividend of Rs 5 in June. Last year, the company announced dividend of Rs 3.20. In 2023, it paid dividend of Rs 2.20. Trent Limited never issued bonuses for its equity shareholders.
Hindustan Times
04-07-2025
- Business
- Hindustan Times
Trent shares fall: What drove investors away from the Tata Group firm?
Shares of Trent Limited tumbled in the trade on Friday, just a day after the company held its annual general meeting (AGM). Logo of the Indian fashion retailer Trent's flagship brand Westside is displayed in front of their showroom in New Delhi, India.(REUTERS) The retail firm's stock fell more than 11 percent, trading at ₹5,497 at noon. Trent is a Tata Group firm and a leading retail company in India. Trent is known for its diverse portfolio of brands, including Westside, Zudio, and Star Market. It operates in various retail formats, including fashion, lifestyle, and grocery, and has been recognised for its strong growth and performance in the retail sector. With such a strong base, what exactly happened that spooked the investors, leading to a bloodbath on Friday? Trent shares fall: Here's what drove investors away The stock of Trent Limited came under selling pressure as analysts were hoping for a bigger growth than the company had and were left disappointed with the company's growth update for quarter 1. Trent revealed that its standalone revenue grew 20 percent year-on-year to ₹5,061 crore for Q1 in the current fiscal year. That is lower than the expected 25 percent that the firm has targeted to achieve over the next few years. The company revealed that its store portfolio included 248 Westside, 766 Zudio (including 2 in the UAE), and 29 stores across other lifestyle concepts. According to analysts at Nuvama, a pickup in Zudio Beauty and the Star business can become the next big growth levers, but these businesses need to stabilise before scaling up. According to its plans for the current financial year, Trent is adding 250+ stores in all formats combined. It might add more if it gets suitable market conditions and more investable properties. Nuvama's analysts have cut Trent's revenue estimates by -5 percent for the current financial year and by -6 percent for FY 27 and the estimated gross operating profit by -9 percent and -12 percent, respectively. Trent highlighted in its own report for investors that the last fiscal year was a relatively challenging period for retail in India. Multiple factors, including inflation, impacted discretionary spending in the sector.
Hans India
24-05-2025
- Business
- Hans India
BEL, Trent to replace IndusInd, Nestle in Sensex
Mumbai: Trent Limited and Bharat Electronics Ltd (BEL) are set to join the 30-stock benchmark Sensex, replacing IndusInd Bank Ltd and Nestle India Ltd, as part of the latest index reshuffle announced by the Bombay Stock Exchange (BSE). The changes will take effect from June 23. This reshuffle is part of the regular rebalancing of the 30-stock benchmark index, which aims to reflect the changing dynamics of the Indian stock market. As part of this change, significant buying and selling activities are expected around the implementation Group's apparel retail company Trent is expected to receive strong capital inflows of about $278 million, or nearly Rs 2,400 is 2.5 times its average daily trading volume, as per estimates by IIFL Alternate Desk. Similarly, Bharat Electronics (BEL), a key player in the defence sector, may see inflows worth $275 million, which is 3.1 times its usual daily shares have already risen nearly 37 per cent in the last six the other hand, Nestle India may witness outflows worth $210 million or Rs1,800 crore. This amount is 7.7 times its average daily volume. The stock has gained only about 5 per cent over the last six months. IndusInd Bank, which is under scrutiny over suspected fraud and governance concerns, may see an outflow of $135 million, or Rs1,155 crore. Apart from the changes in the Sensex, BSE has also made adjustments in other indices. Dixon Technologies, Coforge, and Indus Towers have been added to the BSE-100 index, while Bharat Forge, Siemens, and Dabur India have been dropped. Updates have also been made to the Sensex 50, Sensex Next 50, and Bankex indices. Such index changes are important because they influence the movement of funds. Mutual funds and exchange-traded funds (ETFs) that track these indices must adjust their portfolios to match the new composition. This rebalancing often starts a few days before the official implementation date.
Time of India
29-04-2025
- Business
- Time of India
Trent's Star business sees 17% revenue growth in Q4; own brands cross 70% contribution
New Delhi: Trent Limited, on Tuesday, has reported that its grocery business Star witnessed a 17 per cent growth in operating revenue during the fourth quarter ended March 31st, 2025, along with the addition of 12 new stores, taking the total Star store count to 78, according to a regulatory filing. The company stated that the improved performance in Star was "driven by our own brands, staples, fresh & our general merchandise offerings." As of FY25, own brands contributed over 70 per cent of Star's revenue. Commenting on the food retail vertical , Noel N Tata , chairman of Trent, said, "The opportunity in the food space for the Star proposition is exciting while being competitive. We remain convinced that this business is well poised to deliver much consumer value and growth in the years ahead." Trent clarified that while consolidated revenue does not include Star's top line due to accounting standards, the reported results include its proportionate share of profitability, accounted using the equity method. Alongside developments in the grocery vertical, the company highlighted the performance of its online fashion platform. In FY25, and its presence on Tata Neu saw a 43 per cent growth in online revenue, now contributing to over 6 per cent of total Westside revenues . As part of its supply chain and operational upgrades, Trent has also transitioned to RFID-based tracking of merchandise across its fashion portfolio. "This has been a material enabler to handling the significant volumes across the supply chain and the unlocking of multiple use cases in our distribution centers and stores," according to the company. Volume growth in FY25 over the previous year was reported to be over 40 per cent. The company concluded the year with a footprint of over 13 million sq. ft. across its fashion brands.
Business Upturn
29-04-2025
- Business
- Business Upturn
Trent Q4 FY25 Results: Revenue jumps 29% YoY to Rs 4,106 crore, Net profit declines 46.5% YoY
Trent Limited, the Tata Group's retail arm, reported a 46.5% year-on-year (YoY) drop in net profit to Rs 349.92 crore for the quarter ended March 31, 2025 (Q4 FY25), compared to Rs 654.28 crore in the corresponding period last year. The company's revenue from operations stood at Rs 4,106.10 crore in Q4 FY25, higher than Rs 3,186.93 crore in Q4 FY24, showing a strong 29% YoY growth. However, total income fell sequentially from Rs 4,585.63 crore in Q3 FY25 to Rs 4,203.14 crore. Total expenses rose to Rs 3,749.89 crore in Q4 FY25 from Rs 2,944.47 crore in Q4 FY24, driven by increases in stock-in-trade purchases, employee benefits, and occupancy costs. On a full-year basis, Trent reported a net profit of Rs 1,584.84 crore, up from Rs 1,435.82 crore in FY24 — a 10.4% YoY increase. Total income for FY25 stood at Rs 16,997.48 crore, up from Rs 12,277.49 crore in FY24, a 38.4% increase. Key Financial Highlights (Q4 FY25): Revenue from operations: Rs 4,106.10 crore vs Rs 3,186.93 crore YoY Net profit: Rs 349.92 crore vs Rs 654.28 crore YoY EBITDA (approx. by difference): Rs 453.25 crore vs Rs 859.07 crore (before exceptional items & tax) Total expenses: Rs 3,749.89 crore vs Rs 2,944.47 crore YoY Full-Year FY25: Revenue from operations: Rs 16,668.11 crore vs Rs 11,926.56 crore YoY Net profit: Rs 1,584.84 crore vs Rs 1,435.82 crore YoY While annual growth remained strong, the quarterly performance was impacted by higher costs and the absence of exceptional gains seen in the previous year's quarter. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
