Trent Delivers Strong Q2, Bets Big On New Youthwear Line
Trent Limited has reinforced its position as one of India’s most influential retail forces, delivering a solid 17% revenue growth in Q2FY26 and marking yet another quarter of disciplined execution. With standalone revenues touching Rs 5,002 crore and H1 figures crossing the Rs 10,000-crore milestone, the Tata Group company continues to display a rare blend of scale, agility and consumer relevance, attributes that many legacy retailers struggle to balance.
What makes Trent’s performance particularly notable is its ability to sustain momentum while the Indian apparel market remains intensely competitive and increasingly fragmented. The company’s operating EBITDA of Rs 575 crore in Q2, paired with stable margins, signals not just strong topline expansion but also deep-rooted cost and inventory discipline, hallmarks of Trent’s retail philosophy.
During the quarter, Trent unveiled Burnt Toast, a daring new youth-oriented brand designed to speak the visual language of Gen-Z. With bold aesthetics and an accessories-led appeal, the brand represents Trent’s strategic push to diversify its portfolio for the next generation of shoppers. Early traction suggests that the company is reading youth fashion trends with precision.
Meanwhile, Trent’s brick-and-mortar engine continues to fire on all cylinders. The retailer surpassed the 1,000-store mark with new additions across Westside and Zudio formats, strengthening its presence in over 251 cities. Zudio’s aggressive rollout, now 806 stores strong, including outlets in the UAE, underlines the format’s mass appeal and Trent’s confidence in value-driven fashion retailing. The company’s 14-million sq. ft. retail footprint places it firmly in the big-league of modern Indian retail.
On a consolidated basis, Trent reported revenues of Rs 5,107 crore for Q2, propelled by robust performance across formats. The Star hypermarket business, though not consolidated in revenue terms, remains a strategic pillar, driven by technology-led upgrades and a fast-growing private-label portfolio that now contributes over 73% of sales.
Chairman Noel N. Tata noted that Trent’s enduring strength lies in its sharp customer focus and its ability to remain relevant despite market volatility. His comments reflect the company’s broader playbook: build strong brands, control product creation end-to-end, and scale rapidly where consumer traction is evident.
As Trent doubles down on portfolio expansion, especially in youthwear and food retail, the company is positioning itself not merely as a retailer, but as a consumer ecosystem builder. The momentum of Q2FY26 signals that Trent’s multi-format strategy, backed by tight execution, is delivering results with consistency.
