Trent Q1 revenue growth slows to 19%, missing 21–22% expectations; shares fall
Trent's standalone Q1 revenue rose 19% YoY to ₹5,666 crore, below the 21–22% Street expectation. Analysts flag soft same-store sales, with growth leaning on new store additions rather than existing outlets. Overseas expansion into FTA countries is seen as the next growth lever.
Trent shares fell despite 19% YoY standalone revenue growth to ₹5,666 crore, missing 21–22% expectations. Analysts flag weak same-store sales as growth relied on new stores; overseas FTA-country expansion seen as next driver.
Why this matters
Trent slumped 12% to ₹2,948.50 as its 19% Q1 growth trailed estimates, dragging Nifty. The miss jolted retail peers, with Kalyan sliding 8% even as Titan gained 4% and IT lifted the broader market.
Retail-company signals accelerating, up 624400% QoQ.