Shares of Tata Group company Trent Ltd . are trading with losses of over 6% on Monday, November 10, after the company reported its September quarter results. Trent's revenue growth remained soft in the quarter, as per its second quarter update.

Trent's reported EBITDA rose 26.5%, while operating EBITDA grew 14% year-on-year. The company said profit after tax was lower, primarily due to higher depreciation expenses.

Trent said that consumer sentiment remained relatively subdued during the quarter, impacting overall sales momentum.

The retailer continued to expand its footprint in Q2 FY26, opening 19 new Westside stores and closing six, while adding 44 new Zudio stores and shutting four, including one in the United Arab Emirates.

Brokerages turn cautious

Several brokerages have turned

See Full Page