Trent Q3 Results 2025: Financials, Operations and Outlook

Net sales (including other operating income) of Trent has increased 34.33% YoY to ₹4,656.56 crores in Q3 of FY25. Operating profit margin has declined from 18.13% to 18.08%, leading to a 33.95% rise in operating profit to ₹841.93 crores. In this blog, we’ll uncover the detailed interpretation of Trent Q3 results and operational performance.

Trent Q3 Results FY25: Sales and Profitability

• Net profit attributable to owners of the company increased 32.83% YoY to ₹497.25 crores in Q3 of FY25.
• The purchase of finished goods cost fell from 55.34% to 54.48%. Employee costs decreased from 7.78% to 7.32%.
• Other expenses rose from 18.53% to 19.41%. Selling and administration expenses rose from 7.99% to 8.49%.
• Other income fell 26.45% to ₹59.08 crores in the Trent Q3 results.
• PBIDT rose 27.11% to ₹901.01 crores.
• Provision for interest fell 63.04% to ₹36.52 crores.
• PBDT rose 41.71% to ₹864.49 crores. Provision for depreciation rose 48.87% to ₹244.93 crores as per the Trent Q3 results financials.

Trent Q3 Results: Operational Highlights

• The company has a presence now across 201 cities. Trent opened 14 Westside and 62 Zudio stores (including 1 in Dubai) across 46 cities and consolidated 2 Westside and 4 Zudio stores.
• In Trent Q3 results of FY25, the company’s fashion concepts registered high single-digit LFL growth.
• As of 31st December, the company operates with a footprint of over 11 million sq. ft., across its fashion brands. This is an increase of 33% over the previous year.
• Together with a revenue growth of 43% over 9M FY24, Trent has registered a volume growth of 39%. Its Westside loyalty program, WestStyleClub, continued to witness strong traction during the period.
• Emerging categories contribute to over 20% of the revenues in the Trent Q3 results.
• Westside.com together with its proposition on the Tata Neu platform continues to witness traction and grow profitably. Online revenues year to date have grown 45% and now contribute to over 6% of Westside revenues.
• The Star business now consists of 74 stores including the addition of 8 stores in the current year and witnessed an all-round improved operating performance, driven by its own brands, staples, fresh & general merchandise offerings. The business registered an operating revenue growth of 25% and a double-digit LFL growth in Q3FY25.

Trent Q3 Results: Management Commentary

Speaking on the performance, Mr. Noel N Tata, Chairman, Trent Limited said, “We remain on track to strongly expand our reach and at the same time improve the quality of our store portfolio. The strong store opening program this year together with other levers keeps our growth journey on track.

The value proposition of our brands continues to resonate well with customers across geographies as reflected in the encouraging results. Our fashion portfolio continues to be differentiated by disciplines & choices. The market opportunity associated with building brands and a pure play direct-to-customer business like ours remains immense.

We continue to apply Trent’s playbook to the Star business and are witnessing compelling customer traction. We remain convinced that this business is well poised to shift gears and deliver substantial value to customers and shareholders over time.”

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Reference:
SMC Global Securities Research Team