Trent Q2FY25 results: PAT rises 44.3% to Rs 338.75 cr despite headwinds

Revenue from operations rose 39.4 per cent to Rs 4,156.67 crore in Q2 compared to the same period last year

Fashion and lifestyle retailer Trent saw its consolidated net profit rise 44.3 per cent in the July-September quarter in the financial year 2025 (FY25) compared to the same period last year, despite witnessing headwinds in the quarter.

 

Its revenue from operations rose 39.4 per cent to Rs 4,156.67 crore in Q2 of the financial year 2025 compared to the same period last year as both its retail chains Westside and Zudio registered double-digit like-for-like growth despite business seasonality.

 

Its net profit stood at Rs 338.75 crore in the quarter ended September.

 

Trent said that its consolidated revenues do not include revenues of the Trent Hypermarket business. Nevertheless, the reported results include the proportionate share of profitability of this venture and is accounted for by the equity method.

 

 

Its profit before interest depreciation and tax was up 24 per cent at Rs 697 crore in Q2FY25.  

 

The company said that it operates over 800 large-box fashion stores.

 

“In Q2, we continued to deepen and expand our store footprint across concepts, with a presence now across 184 cities. As of September 30, our store portfolio included 226 Westside, 577 Zudio and 28 stores across other lifestyle concepts. During the quarter, we opened 7 Westside and 34 Zudio stores (including 1 in Dubai) across 27 cities. We also consolidated 9 Westside and 16 Zudio stores,” it said in its results release.

 

“Consumer sentiment has remained relatively muted. This coupled with seasonality has meant that retail businesses have faced headwinds. In the foregoing context, the team has delivered strong results across brands, concepts, categories and channels in Q2,” Noel N Tata, chairman of Trent was quoted as saying in the release.

 

“The market opportunity associated with building brands and a pure play direct-to-customer business like ours remains immense. We continue to pursue our expansion programme and deepen our store presence with the aim of being ever closer and convenient to customers. Also, we seek to explore additional avenues of growth,” he added.

 

He said that the company has launched its first international Zudio store in the UAE and Zudio Beauty concept in India. 

 

“We have applied Trent’s playbook to the Star business and are witnessing strong customer traction. The success of own branded products augurs well for the Star business. We are confident that this business is well poised to shift gears and deliver substantial value to customers and shareholders,” Tata added.