Tata Group company Trent posted its financial results for the quarter ended December 2024 (Q3FY25) on Thursday, February 6.  The company’s consolidated net profit came in at ₹496.5 crore, up 34 percent as against ₹370.6 crore in the same period last year. Sequentially, the profit increased over 48 percent from ₹335 crore in the September quarter.

Meanwhile, its total income also jumped 33 percent to ₹4,715.6 crore in Q3FY25 versus ₹3,546.95 crore in the year-ago period. On a QoQ basis, it rose 12 percent from ₹4,204.65 crore in Q2FY25.

The gross margin profile of Westside and Zudio remains consistent. Overall, the Operating EBIT margin for Q3FY25 was 13.1 percent (13.3 percent for Q3FY24).

For nine months ending December 2024 (9MFY25), the company posted a net profit of ₹1,222.8 crore, climbing 60 percent from ₹765.3 crore in the same period last year. Whereas, total income for the period under review also advanced 38 percent to ₹11,544 crore as compared to ₹8,369.6 crore in 9MFY24.

“In line with our plans, Q3 witnessed faster pace of store additions. We now operate with a significant portfolio of over 850 “large-box” fashion stores. Also, we continue to selectively refresh our store footprint across concepts, with presence now across 201 cities. During the quarter, we opened 14 Westside and 62 Zudio stores (including 1 in Dubai) across 46 cities and consolidated 2 Westside and 4 Zudio stores. As of 31st December, our store portfolio included 238 Westside, 635 Zudio and 34 stores across other lifestyle concepts,” informed the Tata Group firm in a press release.

It added that,” We are also pursuing store portfolio optimization agenda. This involves upgrading or consolidating smaller footprint stores with newer stores in more attractive micro markets. While store expansion is a key growth lever for us, maintaining the quality and physical aesthetics of stores and ensuring consistent customer experience is equally an important objective.”