Mon Apr 07 04:30:00 UTC 2025: ## Trent Ltd. Reports Strong Q4 and FY25 Revenue Growth Despite Share Price Dip

**Mumbai, [Date of Publication]** – Trent Ltd., a leading Indian retailer, announced robust financial results for the fourth quarter (Q4) and fiscal year 2025 (FY25), showcasing significant revenue growth despite a recent decline in its share price.

The company reported a 28% year-on-year surge in standalone revenue for Q4 FY25, reaching ₹4,334 crore (approximately US$526 million) compared to ₹3,381 crore in the same period last year. This strong performance was mirrored in the full fiscal year, with standalone revenue jumping 39% to ₹17,624 crore (approximately US$2.14 billion) from ₹12,669 crore in FY24.

This growth was fueled by aggressive expansion, with Trent opening 13 new Westside stores and 132 new Zudio outlets in Q4 alone. Over the entire FY25, the company added 40 Westside and 244 Zudio stores to its portfolio. As of March 2025, Trent operates 248 Westside stores, 765 Zudio outlets (including two in the UAE), and 30 other lifestyle stores.

The positive results have garnered attention from analysts. Macquarie, which initiated coverage on Trent in March with an “Outperform” rating and a ₹7,000 target price (a 35% upside from current levels), cited Trent’s strong position in India’s value to mid-premium fashion segment as a key driver of future growth. The brokerage highlighted Trent’s superior performance compared to Asian peers, boasting a 45% compound annual growth rate (CAGR) in sales, margin expansion, and a threefold increase in return on capital employed (ROCE) to 30% over FY23-FY25.

Despite the strong financial performance, Trent’s share price closed 1.98% lower on Friday at ₹5,562.85, reflecting a 38.96% drop over the past 12 months and a 21.91% decline year-to-date. The reasons behind this share price discrepancy remain to be analyzed further.

Read More