Trent Q2 Revenue Soars 23% YoY to ₹5,788 Crore

Trent's Q2 revenue jumped 23% YoY to ₹5,788 crore, yet shares slipped 2.3% to ₹2,891.60 on the NSE. The revenue beat analyst expectations of ₹4,800 crore and aligns with the 21% rise in the first half.

The quarter’s lift mirrors the H1 surge, with total revenue for the six months hitting ₹11,454 crore. On the retail front, the company hit a landmark by opening its 1,000th Zudio store, adding 10 Westside and 17 Zudio outlets in the period.

Harish Bhat resigned as Non‑Executive Director after 12 years, a move disclosed on Oct 18 under Regulation 30. He cited expanding professional commitments, and the filing made no reference to any governance dispute.

Trent has not announced a dividend for Q2; the last payout was ₹4 per share on June 12. The board is scheduled to meet Oct 29 to approve the unaudited Q2 and H1 figures and decide on a dividend.

Analysts note that while store expansion may sustain revenue growth, the lack of dividend and a board change could temper sentiment. Investors will focus on the Oct 29 meeting for guidance and any shift in the company’s capital‑return strategy.