Trent crosses 1,000 Zudio stores as Q2 revenue rises 23%

Trent Limited reported Q2 FY27 standalone revenue from operations of ₹5,788 crore, up 23% YoY from ₹4,724 crore. H1 FY27 revenue reached ₹11,454 crore, representing 21% growth. The company also crossed the 1,000-store milestone for Zudio. As of September 30, Trent's overall portfolio stood at 1,342 stores, with 17 net new Zudio stores and 10 net new Westside stores added during Q2. Why this matters Trent is combining rapid store expansion with strong revenue growth. However, increasing the store base only creates long-term value if new stores achieve healthy productivity and margins. What to monitor next Same-store sales and store productivity. Zudio's growth and profitability. EBITDA margins. New-store ramp-up. Working-capital and cash-flow performance. My analytical view: The 1,000-store Zudio milestone strengthens Trent's retail expansion story, while 23% revenue growth confirms continued momentum. The next question is whether profitability can scale alongside this expansion. SEBI RA Disclaimer: Umang Rajesh Bhutada is a SEBI-registered Research Analyst (INH000023001). This content is for educational and informational purposes only and is not investment advice. Securities investments are subject to market risks. Please consult a qualified financial professional before making investment decisions.