Trent Q1 sales may rise 19%, but margin pressure could keep profit broadly flat
Trent is expected to post June-quarter net sales of Rs 5,690 crore, led by Zudio and Westside expansion. Analysts see EBITDA margin slipping 88 bps to 16.6% as raw-material and lease costs, softer Star Bazaar margins and weaker store productivity weigh on profitability.
Trent is expected to report 19% June-quarter sales growth, supported by Zudio and Westside expansion into smaller cities. Analysts expect largely flat profit as raw-material inflation, lease costs, lower Star Bazaar margins and weaker store productivity pressure profitability.
Why this matters
The outlook follows Trent crossing ₹20,000 crore on Zudio-led growth and an analyst’s buy-on-dips call, shifting attention from store expansion to margins and productivity.
Retail-company signals are accelerating, up 165078% quarter on quarter.