Trent quarterly results and financials

Trent (TRENT)₹3,119+2.02%(9 Nov 2026 close)Speciality Retail

Key facts

In the Sep 2026 quarter (consolidated), Trent reported sales of ₹5,871 Cr, up 22.0% from Sep 2025, and net profit of ₹466 Cr, up 25.5% year on year. For the year to Mar 2026, sales were ₹20,059 Cr and net profit ₹1,714 Cr.

Sales (Sep 2026): ₹5,871 Cr
Net profit (Sep 2026): ₹466 Cr
Sales (FY Mar 2026): ₹20,059 Cr
Net profit (FY Mar 2026): ₹1,714 Cr
EPS (Sep 2026): ₹8.74
Borrowings (Mar 2026): ₹2,563 Cr

Company filings, consolidated accounts; latest reported quarter Sep 2026

Trent quarterly results

₹ crore unless stated; each column is a quarter.

Trent Quarterly results
	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Sales	3,466	3,294	4,100	4,152	4,655	4,211	4,881	4,814	5,341	5,024	5,753	5,871
Expenses	2,837	2,825	3,491	3,510	3,807	3,561	4,031	4,001	4,258	4,112	4,629	4,810
Operating Profit	631	472	615	648	849	653	851	818	1,084	915	1,122	1,060
OPM %	18.0%	14.0%	15.0%	16.0%	18.0%	15.0%	17.0%	17.0%	20.0%	18.0%	19.0%	18.0%
Other Income	110	694	101	50.89	79.77	73.78	49.91	27.95	4.99	27.95	29.91	25.92
Interest	98.89	33.01	31.99	32.97	36.99	37.99	39.95	41.99	43.01	43.99	47.01	43.98
Depreciation	164	212	180	196	244	271	292	324	365	375	408	419
Profit before tax	476	923	503	469	648	418	567	478	678	520	694	621
Tax %	22.0%	23.0%	22.0%	28.1%	23.1%	25.1%	25.1%	22.0%	25.0%	20.1%	25.1%	24.1%
Exceptional items	0.00	446	0.00	0.00	0.00	0.00	0.00	0.00	−20.01	0.00	0.00	0.00
Net Profit	369	709	390	334	495	311	423	372	508	411	516	466
EPS (Rs)	7.04	13.25	7.39	6.38	9.37	5.99	8.08	7.10	9.66	7.53	9.77	8.74

Trent profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Trent Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	1,685	1,812	2,155	2,630	3,486	2,592	4,492	8,242	12,361	17,110	20,059	21,990
Expenses	1,595	1,677	1,947	2,387	2,956	2,476	3,902	7,121	10,394	14,294	16,309	17,810
Operating Profit	90.22	135	209	242	530	114	597	1,118	1,978	2,829	3,760	4,180
OPM %	5.0%	7.0%	10.0%	9.0%	15.0%	4.4%	13.0%	14.0%	16.0%	16.0%	19.0%	19.0%
Other Income	85.82	80.80	26.95	29.94	147	199	152	340	987	304	84.84	88.77
Interest	47.96	45.95	44.01	50.94	263	261	325	409	368	200	233	178
Depreciation	38.85	40.85	45.79	51.81	246	256	310	492	669	892	1,355	1,568
Profit before tax	90.27	128	147	169	166	−206	111	554	1,929	2,038	2,242	2,514
Tax %	39.0%	34.0%	41.1%	44.0%	36.1%	−12.0%	69.1%	29.1%	23.0%	24.1%	23.1%	—
Exceptional items	6.01	4.01	−8.01	−2.01	12.02	2.01	−3.01	98.10	573	98.07	−7.01	−20.01
Net Profit	54.74	84.63	86.67	94.67	106	−180	34.88	393	1,470	1,528	1,714	1,902
EPS (Rs)	1.12	1.71	1.75	1.96	2.31	−2.75	1.99	8.37	27.96	29.12	32.35	35.70
Dividend payout %	54.0%	39.0%	44.0%	45.0%	29.0%	−15.0%	57.0%	18.0%	8.0%	11.0%	8.0%	—

Trent balance sheet

₹ crore, at each year end.

Trent Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	33.02	33.03	33.03	32.99	32.99	36.02	36.03	35.98	35.97	36.01	36.01	35.98
Reserves	1,389	1,431	1,514	1,561	1,612	2,351	2,275	2,326	2,556	4,030	5,425	6,942
Borrowings	267	401	392	391	494	300	2,964	4,725	4,465	1,753	2,237	2,563
Other Liabilities	517	293	284	350	418	2,816	447	634	1,017	1,335	1,714	2,173
Total Liabilities	2,206	2,159	2,223	2,336	2,558	5,503	5,722	7,721	8,075	7,154	9,412	11,714
Fixed Assets	666	476	548	611	661	2,732	3,049	4,680	4,520	2,445	3,889	5,504
CWIP	91.79	54.91	4.99	9.97	86.82	22.95	108	105	102	223	180	253
Investments	742	1,071	1,083	1,026	885	1,520	1,492	1,289	1,112	1,420	1,484	1,390
Other Assets	705	557	587	690	925	1,227	1,074	1,648	2,341	3,066	3,859	4,567
Inventories	329	278	304	344	496	606	427	865	1,356	1,577	2,038	2,284
Trade receivables	17.99	13.01	5.99	15.01	16.99	17.01	20.99	17.99	33.99	82.03	63.01	51.01
Cash & equivalents	56.01	27.02	34.05	33.04	54.03	61.05	81.08	86.06	86.12	298	340	283
Total Assets	2,206	2,159	2,223	2,336	2,558	5,503	5,722	7,721	8,075	7,154	9,412	11,714

Trent cash flow

₹ crore, for each year.

Trent Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	−10.02	109	102	77.13	21.03	361	286	58.13	596	1,350	1,664	2,672
Cash from investing activity	−305	−97.66	−43.82	−3.99	−36.86	−806	17.92	55.80	−103	−506	−919	−1,570
Cash from financing activity	309	−12.98	−50.91	−73.92	36.94	451	−283	−108	−490	−629	−693	−1,147
Net cash flow	−5.99	−1.99	6.99	−0.99	20.96	4.99	19.96	5.99	0.99	211	43.97	−56.88
Capex	157	139	70.77	107	202	155	113	270	501	734	1,264	1,756
Free cash flow	−166	−20.98	33.97	−29.96	−174	247	194	−152	371	954	799	930
CFO / OP %	4.0%	144.0%	105.0%	61.0%	41.0%	84.0%	251.0%	23.0%	71.0%	84.0%	76.0%	86.0%

Trent ratios

Working-capital days and returns, by year.

Trent Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	2	2	0	2	1	1	2	0	1	1	0	0
Inventory days	91	128	126	122	138	118	102	128	105	83	77	74
Days payable	60	75	69	73	67	57	64	55	50	40	34	38
Cash conversion cycle	33	55	58	51	72	62	40	74	55	45	43	36
Working capital days	−14	−24	37	42	25	40	−13	43	30	17	16	−1
ROCE %	4.0%	7.0%	8.9%	9.9%	10.9%	17.0%	1.0%	7.0%	11.9%	24.0%	30.9%	27.9%

Trent: frequently asked questions

What are the latest quarterly results of Trent?

For the Sep 2026 quarter, Trent reported sales of ₹5,871 Cr, up 22.0% year on year and net profit of ₹466 Cr, up 25.5% year on year. The operating margin was 18.0%.

What is the annual revenue of Trent?

Trent's sales for the year to Mar 2026 were ₹20,059 Cr; over the last twelve months they were ₹21,990 Cr.

What is the net profit of Trent?

Net profit for the year to Mar 2026 was ₹1,714 Cr, and ₹1,902 Cr over the last twelve months. Earnings per share over the same trailing period were ₹35.70.

How much debt does Trent have?

Trent reported borrowings of ₹2,563 Cr at Mar 2026, against cash and equivalents of ₹283 Cr.

What is the free cash flow of Trent?

Cash from operations was ₹2,672 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹930 Cr.

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