Trent Q4 results FY26: PAT Rs 400 cr, bonus 1:2

Key takeaway from Trent’s March-quarter update

Trent Limited, the Tata Group’s lifestyle retail company behind Westside and Zudio, reported a sharp year-on-year rise in profit for the quarter ended March 31, 2026. Alongside earnings, the board announced shareholder rewards through a dividend and the company’s first-ever bonus issue. The company also cleared a plan to raise additional capital for future requirements.

At the same time, the information flow around the quarter includes multiple reported profit figures for the same period, reflecting different reports and disclosures cited in the provided material. What is consistent across versions is strong year-on-year growth in revenue and an announced dividend of Rs 6 per share with a 1:2 bonus issue.

Consolidated Q4 FY26 profit: what was reported

One version of the results states Trent’s consolidated net profit rose 26% year-on-year to Rs 400 crore in Q4 FY26, compared with Rs 318 crore a year earlier. Another section notes consolidated net profit increased 33% to Rs 413.1 crore for the quarter. A separate report also states Trent’s net profit rose about 30% to Rs 455 crore (also cited as Rs 454.7 crore) for the March quarter.

While these figures differ, each points to year-on-year improvement in quarterly profitability. The same material also mentions a sequential decline in profit compared with the October-December quarter, with one data point showing Q3 profit at Rs 513 crore and another citing Rs 510.1 crore.

Revenue growth: operations cross Rs 5,000 crore in Q4

On a consolidated basis, revenue from operations for Q4 FY26 is cited at Rs 5,028 crore, up 19% from Rs 4,216 crore in the year-ago quarter. The same Rs 5,028 crore number is repeated across sections of the provided text.

The quarter also saw a sequential softening in topline, with revenue mentioned at Rs 5,345 crore in Q3 FY26 and Q4 revenue down about 6% from that level. One report separately provides standalone revenue of Rs 4,936.6 crore for the March quarter, compared with Rs 4,106.1 crore in the corresponding period last year.

EBITDA and operating performance: strong growth, multiple figures

The material cites Trent’s operating earnings (EBITDA) at Rs 653 crore for the quarter under review, up 44% year-on-year. It also states FY26 EBITDA rose 25% to Rs 2,702 crore.

In another section, EBITDA for the quarter is cited at Rs 927.8 crore, with EBITDA margin at 18.5% versus 15.5% a year earlier. Yet another report cites EBITDA at Rs 919 crore versus Rs 629 crore last year and suggests an EBIT margin expansion to around 18.6% from 15.3%.

Dividend announced: Rs 6 per share, subject to approval

Across the versions shared, the board recommended a final dividend of Rs 6 per equity share for FY26. The company said the dividend payment will be subject to shareholders’ approval at the 74th Annual General Meeting (AGM). It will be paid on or after the third day from the conclusion of the AGM, as per the exchange filing referenced.

The dividend is also described as a 600% payout, corresponding to Rs 6 per share on equity shares of face value Re 1.

First-ever bonus issue: 1:2 ratio

Trent’s board approved a 1:2 bonus issue, described as the company’s first. The stated entitlement is one bonus equity share of Re 1 each for every two fully paid-up equity shares of Re 1 each held, subject to shareholder approval.

The company said it will communicate the record date for the bonus issue later.

Fundraise plan: up to Rs 2,500 crore

Trent’s board also approved raising additional funds of up to Rs 2,500 crore through the issuance of equity shares via a rights issue and/or other permissible modes, in one or more tranches. The company said it will communicate timelines in due course.

Stock snapshot shared in the material

One section notes Trent’s share closed at Rs 4,409.90, up 0.44% ahead of the results. It also cites a 31.38% rise over one month and a 17.15% decline over one year. The same section states the company’s market capitalisation at Rs 1.58 lakh crore.

Key numbers at a glance

Why the announcement matters for investors

The combination of profit growth, a final dividend, and a maiden bonus issue directly changes the shareholder return profile for FY26. The planned capital raise of up to Rs 2,500 crore also signals that Trent wants flexibility to fund expansion, although the company has not provided timelines in the provided text.

Operationally, the sequential dip in profit and revenue compared with Q3 FY26 indicates that quarter-to-quarter momentum was softer even as year-on-year growth stayed strong. The differing profit and EBITDA figures across the shared reports make it important for investors to rely on the exact exchange filing version they track, particularly when comparing margins.

Conclusion

Trent’s March-quarter update highlighted year-on-year growth in profit and revenue, a Rs 6 per share final dividend, and its first 1:2 bonus issue, alongside a board-cleared plan to raise up to Rs 2,500 crore. The next formal milestones flagged in the filing are shareholder approval at the 74th AGM, dividend payment timing linked to the AGM, and the record date announcement for the bonus issue.