Trent Q3 Profit Jumps 2.7% to ₹510 Crore, Margins Improve Significantly

• Trent Ltd, a Tata Group retail company, reported a 2.7% year-on-year increase in net profit to ₹510 crore for the December quarter (Q3).
• Revenue grew by 14.8% to ₹5,345 crore, driven by strong sales and an expanding store network.
• EBITDA surged by 27.6% to ₹1,081.7 crore, with the EBITDA margin improving to 20.2% from 18.2% last year, indicating better cost control.
• The company expanded its retail footprint, opening 17 Westside and 48 Zudio stores, including a new store in the UAE, bringing its total to over 1,100 stores across 274 cities.
• Chairman Noel N Tata expressed confidence in the positive business outlook, focusing on portfolio expansion, product improvement, and enhancing the store experience.