Zara India FY26 profit slumps 32% to Rs 204 cr in worst run since pandemic
The Inditex-Trent JV operating 22 Zara stores posted Rs 2,782 cr revenue, down from Rs 2,840 cr, as fast-fashion demand cools. Sister brand Massimo Dutti, with just 3 stores, defied the trend with 28% revenue growth to Rs 128 cr and 14% profit gain.
Zara India's FY26 profit fell 32% to Rs 204 cr with revenue slipping to Rs 2,782 cr, its weakest showing since COVID. Operator ITRIPL (Inditex-Trent JV) runs 22 stores. Massimo Dutti India bucked the trend with 28% revenue growth.