Trent Q2 Results | Revenue growth of 17% and operating profit growth of 16%

Standalone Results

Consolidated Results

Chairman’s Message

Speaking on the performance, Mr. Noel N Tata, Chairman, Trent Limited said, “We remain focused on portfolio growth, elevating our products and enhancing store experience for our customers. Reduction in GST rates is a welcome step and over time is likely to augur well for our product categories. The business registered steady performance during the quarter.

We have consistently delivered a differentiated consumer proposition that appeals to a wider audience across diverse markets. Notwithstanding continuing competitive intensity and interim trends, we believe an unwavering focus on being relevant to our customers and building resilience with our business model choices will continue to hold us in good stead. We are excited and remain on track to build a sizable and scalable pure play direct-to-customer business across customer segments in the context of the market size and opportunity.

In our Star business, we continue to apply Trent’s playbook and the contribution of our own brands is now trending over 73% of revenues. The opportunity in the food space for the Star proposition is exciting at the same time it is intensely competitive. We remain convinced that this business is well poised to deliver growing consumer value in the years ahead.”