Zara India profit slides 32% in FY26 as Trent leans harder into Zudio-led mass fashion
ITRIPL, Trent's JV with Inditex, posted net profit of Rs 204 cr (-31.9%) on near-flat revenue of Rs 2,749 cr. Parent Trent's consolidated revenue rose 18.2% to Rs 19,701 cr with PAT of Rs 2,535 cr, as the Zudio-led portfolio scaled to 1,286 stores, signalling a strategic pivot from premium Zara to value fashion.
Trent's FY26 report shows Zara India JV (ITRIPL) net profit fell 32% to Rs 204 cr on flat revenue, while Trent's overall revenue grew 18% to Rs 19,701 cr, powered by Zudio-led expansion to 1,286 stores.