Trent Share Worth Goal: Tata Group’s retail arm Trent has reported an 8.6 per cent year-on-year rise in consolidated internet revenue for the primary quarter of FY26, however international brokerages remained divided of their views, citing combined indicators from underlying progress tendencies and profitability drivers.
Trent Q1 earnings
The corporate posted a consolidated internet revenue of Rs 424.7 crore in Q1 FY26, up from Rs 391.2 crore in the identical quarter final yr, supported by regular efficiency throughout its retail codecs, which embody manufacturers like Westside and Zudio.
Consolidated income from operations grew strongly to Rs 4,883.5 crore, rising from Rs 4,104.4 crore within the year-ago interval.
Nonetheless, whole bills additionally elevated to Rs 4,368.6 crore in comparison with Rs 3,704 crore final yr.
Do you have to purchase/promote/maintain? Test brokerage reactions
Jefferies has maintained a ‘maintain’ score on Trent and raised the goal worth barely to Rs 6,000. The brokerage acknowledged the corporate’s strong bottom-line efficiency however flagged muted retailer enlargement and moderated like-for-like (LFL) progress as key considerations.
Jefferies additionally famous that whereas the quarter delivered a beat on profitability, it was largely pushed by decrease working bills, significantly as a consequence of stock provision reversals and lowered worker prices, fairly than topline acceleration.
Citi, however, has maintained a ‘purchase’ name on the largecap inventory however trimmed goal worth to Rs 7,150 from Rs 7,600. The agency highlighted that the Q1 efficiency was a strong beat on profitability, whilst LFL progress confirmed indicators of moderation. It additionally flagged that the tempo of retailer enlargement remained muted, in keeping with typical tendencies for the June quarter, which may weigh on near-term progress momentum.
Shares rise 1.5% after Q1 outcomes, achieve over 800% in 5 years
After Q1 monetary efficiency, shares of Trent surged as a lot as 1.55 per cent on Thursday, reaching an intra-day excessive of Rs 5,442.40 by 10 am.
- Up greater than 800% over the previous 5 years
- Down 1% over the previous 6 months
- Down 1.32% over the previous 12 months
(Disclaimer: The views/ideas/suggestions expressed right here on this article are solely by funding specialists. Zee Enterprise suggests its readers seek the advice of their funding advisers earlier than making any monetary choice.)
