Trent's Noel Tata flags 10x revenue ambition, calls retailer still in early growth phase
Chairman Noel Tata says Trent — with FY26 revenue of Rs 19,701 crore across 1,286 stores spanning 17.7 million sq ft in 321 cities — is targeting a 10x revenue milestone. Growth has already run 2.5x since 2023, with Westside, Zudio and Star powering the multi-brand stack and overseas expansion teed up as the next leg.
What happened
Trent Chairman Noel Tata says the Tata retail firm is still in early growth phase, confident of hitting 10x revenue target. FY26 revenue was Rs 19,701 crore
Key facts
- Rs 19,701 crore FY26 revenue
- 1,286 stores
- 17.7 million sq ft
- 321 cities
- 10x revenue target
- 2.5x growth since 2023
Why this matters
Noel Tata's overseas expansion signal opens the door for international JV, sourcing tie-ups or bolt-on apparel/lifestyle targets that can plug into the multi-brand stack as Trent scales beyond its India base.