Trent Q4 FY26: Profit up 26%, dividend, bonus

What Trent announced for the March quarter

Trent Limited, the Tata Group’s lifestyle retail company, reported its financial results for the quarter ended March 31, 2026 (Q4 FY26). The update also included shareholder actions such as a final dividend and the company’s first-ever bonus issue. Separately, the board cleared a plan to raise additional equity capital through a rights issue and other permitted routes. For investors, the combination of earnings growth and capital actions puts the spotlight on both near-term profitability and the funding runway for expansion.

Consolidated profit rose year-on-year

Trent reported consolidated profit after tax (PAT) attributable to equity holders at ₹400 crore for Q4 FY26, up 26% from ₹318 crore a year earlier. Multiple market reports published around the same results also cited other PAT figures for the quarter, including ₹413.1 crore and ₹454.7 crore, along with year-on-year growth rates ranging from 30% to 33%. The company’s Q3 FY26 net profit was also referenced in the coverage, with consolidated net profit reported at ₹510.11 crore for the December quarter. On a sequential basis, one report noted that Q4 profit declined 19% from ₹510.1 crore.

Revenue grew, with mixed references to consolidated and standalone numbers

On a consolidated basis, Trent’s revenue from operations for Q4 FY26 was reported at ₹5,028 crore, up 19% from ₹4,216 crore in Q4 FY25. Standalone revenue for the quarter was also reported at ₹4,936.6 crore, compared with ₹4,106.1 crore in the year-ago quarter. Ahead of results, Trent had shared a provisional quarterly revenue update of ₹4,937 crore for Q4, up 20% year-on-year versus ₹4,106 crore. The presence of multiple figures in published reports reflects different reporting bases (consolidated versus standalone) and updates versus final numbers.

EBITDA jumped, and FY26 operating earnings were highlighted

Operating performance was also a key focus in the coverage. One set of reported numbers said Trent’s EBITDA for Q4 FY26 was ₹653 crore, a 44% increase year-on-year. Other reports cited quarterly EBITDA figures near ₹919 crore to ₹927.8 crore, and referenced an EBITDA margin of 18.5% in one account.

For the full year FY26, EBITDA was reported at ₹2,702 crore, up 25%. These operating metrics were positioned as evidence of better cost control relative to revenue growth during the quarter.

Dividend: ₹6 per share, subject to AGM approval

Trent’s board announced a dividend of ₹6 per equity share. The company said the dividend will be paid subject to shareholders’ approval at the 74th Annual General Meeting (AGM). As per the filing referenced in the coverage, the dividend will be paid on or after the third day from the conclusion of the AGM. The announcement was positioned as a direct cash return to shareholders alongside the bonus proposal.

Bonus issue: 1:2 ratio, first-ever for Trent

The board also approved a 1:2 bonus issue, which means shareholders will receive one bonus equity share for every two fully paid-up equity shares held. Reports noted the bonus share face value as Re 1 per share and said the issuance is subject to shareholder approval. The company stated it will announce the record date for its first-ever bonus issue later. Coverage also noted that this would be Trent’s maiden bonus issue since it listed in June 2004.

Fundraising plan: up to ₹2,500 crore via equity

Alongside the results and shareholder actions, the board approved raising additional funds of up to ₹2,500 crore. The proposed routes include issuing equity shares via a rights issue and/or other permissible modes, and the plan may be executed in one or more tranches. No pricing, timeline, or record date for any rights issue was provided in the text. Still, the approval indicates the company wants flexibility to fund growth while continuing store additions.

Store network and expansion details mentioned in reports

One report provided a detailed snapshot of Trent’s store footprint as of March 31, 2026, stating the network had expanded to 1,286 outlets. The same report split this into 300 Westside stores, 963 Zudio stores (including 6 in the UAE), and 23 stores in other lifestyle formats. Store openings during Q4 were also cited: Westside added 22 stores in the quarter and 52 over the full year, while Zudio added 109 stores in the quarter and 198 over the full year.

Stock and investor indicators referenced around results day

The coverage also included stock indicators around the results. Trent shares were reported to have closed at ₹4,409.90, up 0.44% ahead of the results. Another reference said the stock was at ₹4,354.80, down 0.81% on the day cited. The stock’s performance was described as up 31.38% over one month but down 17.15% over one year in one report.

Other context included a five-year rally of 470.32%, and a decline of over 45% since October 2024. Market capitalisation was cited at ₹1.58 lakh crore, and one report mentioned 4,83,585 individual investors with up to ₹2 lakh nominal share capital.

Key numbers at a glance

Why the combination matters for shareholders

The results update combines three separate shareholder-relevant tracks: earnings growth, cash return, and equity actions. Dividend and bonus issues typically draw attention because they affect cash flows (dividend) and share count (bonus), while the fundraising approval signals a readiness to bring in more equity capital. Separately, the store footprint and additions cited in reports underline that Trent’s expansion continues alongside these capital actions.

Conclusion

Trent’s Q4 FY26 coverage pointed to year-on-year growth in profit and revenue, alongside a ₹6 per share dividend, a first-ever 1:2 bonus issue, and board approval to raise up to ₹2,500 crore. The next formal steps include shareholder approvals at the 74th AGM and the company’s announcement of the bonus record date and any further details on fundraising execution.