Zara India posts weakest year since pandemic as FY26 net sales slip 1.2%
Inditex-Trent JV revenue fell to Rs2,749 cr in FY26 with profit down 32% to Rs204 cr, as Zara's 22-store India footprint cedes ground to value rivals. Parent Trent grew 18.2% to Rs19,701 cr on Zudio's 1,286-outlet surge; Massimo Dutti revenue rose 28% to Rs128 cr.
Zara India's Inditex-Trent JV posted FY26 revenue of Rs2,749 cr, down 1.2%, its weakest showing since the pandemic. Profit fell 32% to Rs204 cr amid intensifying competition. Trent overall grew 18.2% to Rs19,701 cr, led by Zudio.