Zara India FY26 profit tumbles 32% to Rs 204 cr; Trent trims ITRIPL stake to 20%
Zara India's FY26 net profit fell 31.9% to Rs 204.14 cr as revenue slipped 1.1% to Rs 2,749.28 cr, per Trent's annual report. Trent cut its ITRIPL stake to 20% via buyback amid rising competition from H&M and UNIQLO. Massimo Dutti JV bucked the trend with 28% revenue growth to Rs 128.45 cr.
Zara India's FY26 profit dropped 31.9% to Rs 204 cr and revenue slipped 1.1% to Rs 2,749 cr, per Trent's annual report. Trent cut its ITRIPL stake to 20% via buyback. Massimo Dutti JV revenue grew 28%.