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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·

Verified β€” Confirmed by a second source: Reuters

Confirmed by a second source: Reuters

Important
Tata retail firm Trent sees revenue jump 23 percent in second quarterPhoto: Wikimedia Commons

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.

Read more at The Economic Times β†’