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Tata retail firm Trent sees revenue jump 23 percent in second quarter
Reported by Harshdeep Singh (Fact-Checker) Β· The Economic Times Β·
Confirmed by a second source: Reuters
Tata Group retail arm Trent posted a 23 percent year-on-year rise in standalone revenue for the second quarter of financial year 2027, reaching Rs 5,788 crore. Strong growth across both Zudio and Westside formats drove this financial jump.
Market Response
Global brokerage firm BofA Securities started coverage on the stock following the financial update. The firm issued a Buy rating on Trent shares along with a target price of Rs 3,075.
Context
Standalone revenue figures reflect earnings generated directly from a company's core business operations without including the performance of separate subsidiaries. Strong performance in specific retail formats often helps retail groups expand their overall market share in the consumer sector.
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