Trent's Q2 revenue growth and share rally
Trent reported standalone Q2 revenue of ₹5,788 crore, up 23% year on year, and said Zudio had crossed 1,000 stores. Its shares surged as brokerages assessed the update, with Citi cautious and Morgan Stanley more positive.

Timeline
Tuesday, 6 October
- Rs 17,540 crore added to Trent mcap, but Citi stays bearish. Why Morgan Stanley disagrees
Trent shares rose 13% after strong Q2 revenue growth and Zudio crossed 1,000 stores
- Trent rallies 10% after Q2 business update, m-cap tops ₹1.5 trillion
Trent hit the 10% upper price band at ₹2,832.50
- Trent shares hit 10% upper circuit after Q2 revenue rose 23%
Standalone Q2FY27 revenue was ₹5,788 crore, up 23% year on year
- Trent's Q2 Business Update Has Morgan Stanley Bullish; But Goldman Sachs, Citi Tread With Caution
Trent standalone revenue rose 23% year-on-year to Rs 5,788 crore as of Sept. 30, 2026
Monday, 5 October
- Trent Q2 revenue rises 23% to ₹5,788 crore; Zudio crosses 1,000 stores
H1 revenue rose 21% to ₹11,454 crore

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