Trent shares slide ~10% as Q1FY27 update misses estimates despite 19% revenue growth
Trent's standalone Q1FY27 revenue rose 19% YoY to Rs 5,666 crore from Rs 4,781 crore, but fell short of Street expectations, triggering a near 10% drop in shares. Store network expanded to 1,312 outlets, including 301 Westside and 982 Zudio locations, with 19 net Zudio and 1 net Westside additions.
Trent's Q1FY27 standalone revenue rose 19% YoY to Rs 5,666 crore but missed estimates, sending shares down nearly 10%. Store network reached 1,312 outlets including 301 Westside and 982 Zudio stores.
Also reported by
- Financial Express · BrandWagon — Same time