Trent shares tumble over 12 pc after Q1 revenue growth misses estimates

New Delhi, Jul 7 (PTI) Shares of retail major Trent ended over 12 per cent lower on Tuesday after its June quarter revenue growth missed market expectations.

The Tata Group stock tanked 12.42 per cent to end at Rs 2,928.05 on the BSE. During the day, it plunged 12.69 per cent to Rs 2,919.

At the NSE, the stock tumbled 12.44 per cent to Rs 2,927.80.

The stock was the biggest laggard among the Sensex and Nifty firms.

Trent Ltd’s standalone revenue for the June quarter of FY27 has increased by 19 per cent to Rs 5,666 crore, according to a quarterly update by the company.

The company’s standalone revenue for the corresponding quarter a year ago stood at Rs 4,781 crore, according to the update filed on Monday.

The firm operates retail stores under the

brand names such as Westside, Zudio and Star.

“Revenue from sale of merchandise (excl. other operating income) also grew by 19 per cent during the quarter ended June 2026,” said Trent.

During the quarter, Trent opened 1 Westside and 19 of its value-offering format Zudio, which targets the affordable fast-fashion segment.

Trent’s Q1 standalone revenue was up 19 per cent YoY, vs our estimate of 22 per cent YoY, Motilal Oswal Financial Services said in a report.

Trent’s stock price has rallied in the past few weeks in anticipation of further acceleration in revenue growth (from 20 per cent YoY in Q4 FY26), it said.

In this context, the 19 per cent YoY revenue growth is weaker, the report added. PTI SUM SHM