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Tata Group's retail arm, Trent Ltd, has reported a consolidated net profit of INR 424.7 crore for the April-June quarter, marking an 8.6% year-on-year increase. The growth was backed by consistent performance across its retail formats, including Westside, Zudio, and Star. Revenue from operations surged 18.9% to INR 4,883.48 crore, while expenses also saw a rise. The company continues to expand its direct-to-customer strategy and strengthen its presence in key markets. With over 70% of Star's revenue coming from in-house brands, Trent is positioning itself for deeper market penetration and long-term value.
Tata Group's retail venture, Trent Ltd, reported a steady financial performance for the first quarter of the ongoing fiscal, clocking an 8.6% rise in consolidated net profit to INR 424.7 crore. This compares to a profit of INR 391.2 crore registered during the same period last year. The company attributed the uptick to consistent performance across its retail verticals. Advertisement
The company's consolidated revenue from operations jumped to INR 4,883.48 crore, significantly higher than the INR 4,104.44 crore posted in the corresponding quarter last year. On the expenditure side, total expenses rose to INR 4,368.59 crore from INR 3,703.96 crore a year ago, reflecting the company's expanding operations and ongoing investments in infrastructure and technology.
Trent Ltd operates well-known retail chains such as Westside and Zudio, and Chairman Noel N. Tata shared that the business had delivered a stable performance during the quarter. He expressed confidence that the company's sharp focus on customer relevance and resilience in its business model would help generate strong value over time.
He also emphasized that strengthening the brand's footprint in major markets was helping Trent serve customers more efficiently. Both Westside and Zudio, he noted, have reached a scale where they now enjoy considerable consumer visibility and engagement.
The company also remains focused on its direct-to-customer (D2C) retail model. Tata highlighted that the strategy is on track to evolve into a sizable and scalable proposition, especially considering the scale of the Indian market.
In the food and grocery segment, the company continues to leverage its strategic playbook in the Star supermarket chain. In-house brands now contribute over 70% of the Star business's total revenue a notable shift toward brand ownership and cost control. As of the end of the quarter, the Star chain operated 77 stores, having added two new locations while closing three underperforming ones.
Tata noted that the food and grocery sector holds strong potential for long-term consumer value and business growth, despite the competitive nature of the segment.
Source PTI
5th Jun, 2025
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