Trent500251Retail
Trent surged 12.5% in its biggest single-day gain in 2 years after reporting a strong business update with 23% revenue growth, beating street estimates, and new store openings
- Revenue growth reported
- 23 percent
- Revenue figure
- just shy of Rs 5800 crore
- Street estimate range
- 18 to 20 percent
- Stock gain today
- 12.5 percent
- New Westside stores
- 10 stores
Heard on business television between 15:37:34 - 15:40:34 IST.
- Trent reported 23% revenue growth in Q2 business update, just shy of Rs 5800 crore, beating street estimates of 18-20%.
- This was despite festive season shifting into Q3 from Q2.
- Stock rose 12.5%, its biggest single-day gain in 2 years, turning positive year-to-date.
- Company opened 10 Westside stores and 17 Zudio stores, hitting store-opening milestones.
- Analysts flagged margins need watching since revenue growth could partly reflect price hikes and raw material costs; Q3 festive quarter performance will be closely tracked.
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Source: Live TV News Channel · 6 Oct 2026
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