Trent shares tumble 11% as Q1FY27 revenue growth slows to 19%, missing Street estimates
Trent's Q1FY27 revenue rose 19% YoY to ₹5,666 crore, undershooting expectations and triggering an 11% stock drop to ₹2,974. Revenue per store fell ~5% YoY, stoking cannibalisation fears as the store base hit 1,312 outlets (301 Westside, 982 Zudio). Market cap stands at ₹1.58 lakh crore.
Trent shares fell 11% after Q1FY27 revenue grew 19% YoY to ₹5,666 crore, missing estimates. Revenue per store declined ~5% YoY, raising cannibalisation concerns. Store count reached 1,312 including 301 Westside and 982 Zudio outlets.
Also reported by
- The Hindu BusinessLine — 9h after first sighting