Q3 Results: Trent Ltd’s Net Profit up 34% to ₹496.5 crore

Trent Ltd, Tata Group’s retail arm reported its December quarter earnings today.

Net profit surged by 34% YoY to ₹496.5 crore from ₹370.6 crore in the corresponding quarter a year ago. Sequentially, profit was up by 48% from ₹335 crore in Q2FY25.

While total income stood at ₹4,715.6 crore, up 33% YoY from ₹3,546.95 crore in the corresponding quarter a year earlier, EBIT margin came down slightly to 13.1%, compared to 13.3% recorded in Q3FY24. The company also maintained healthy margins across its key retail brands, Westside and Zudio.

For the nine months ending in December 2024 (9MFY25), Trent’s net profit came at ₹1,222.8 crore, a staggering increase of 60%, compared to ₹765.3 crore in 9MFY24.

As of December 2024, Trent’s retail portfolio included 238 Westside stores, 635 Zudio stores, along with 34 stores across other lifestyle concepts.