Trent (TRENT) Q4 24/25 earnings summary

Executive summary

• FY25 revenue reached ₹16,997.48 crore as of March 31, 2025, with a retail area of ~14.9 million sq. ft. and presence in 242 cities, including Dubai.

• Board approved audited standalone and consolidated financial results for FY25, with unmodified audit opinions from Deloitte Haskins & Sells LLP.

• WestStyleClub membership exceeded 16 million, reflecting strong customer engagement.

• Final dividend of Rs. 5 per share (500%) recommended, totaling Rs. 177.74 crore, subject to shareholder approval.

• Main business remains retailing/trading of merchandise; no separate reportable segments.

Financial highlights

• Q4 FY25 standalone revenue was ₹4,106 crore, up 29% year-over-year; consolidated revenue was ₹4,218 crore, up 28%.

• Standalone revenue for FY25: Rs. 16,997.48 crore, up from Rs. 12,277.49 crore year-over-year.

• Standalone net profit for FY25: Rs. 1,580.97 crore; consolidated net profit: Rs. 1,534.41 crore.

• Standalone operating EBIT rose 45% to ₹377 crore; consolidated operating EBIT increased 49% to ₹362 crore.

• Six-year revenue CAGR was 42%; market capitalization CAGR was 62% over the same period.

Segment performance

• Westside operated 248 stores in 86 cities, with 5.4 million sq. ft. retail area; 13 new stores opened and 3 consolidated in Q4 FY25.

• Zudio expanded to 765 stores (including Dubai), with 7.9 million sq. ft. retail area and 132 new stores opened in Q4 FY25.

• Star (food & grocery) had 78 stores in 10 cities, 1.3 million sq. ft. retail area, and revenue CAGR of 28% over five years.

• Star's own brand share increased to 72% in Q4 FY25, with Smartle accounting for 81% of general merchandise.