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Trent shares drop ~8% after revenue growth stays flat even during festive months
Zudio promoter Trent has projected a flat revenue growth in October-December, despite a festive season during the quarter.
Updated on: Jan 6, 2026, 09:59:02 IST
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Shares of Trent Ltd. plunged after the Tata Group-controlled apparel retailer projected its revenue to stay flat in what was a festive quarter.
Trent's share price fell as much as 8.32% to an intraday low of ₹4,060.65 on the BSE to emerge as the top loser on the benchmark Nifty 50 index, which itself was down 0.2%.
The operator of Zudio and Westside stores said on Monday its standalone revenue grew 17% year-on-year in the three months to December to 52.20 billion rupees ($579.3 million). Its revenue had also risen 17% in the previous three months.
The stock was the top percentage loser on the benchmark Nifty 50 index, which was down about 0.2% on the day.
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