Trent Q3 FY26 Profit Rises Amid Mixed Brokerages Outlook on Growth

Trent reported a 3.1% year-on-year rise in consolidated net profit to Rs 513 crore for Q3 FY26, with revenue up 14.8% to Rs 5,345 crore, supported by GST rate cuts and store expansions. EBITDA grew 27.6% to Rs 1,081 crore, with margins improving by 200 basis points. Brokerages remain divided: Motilal Oswal maintains a positive medium-term outlook with a 30% upside target, while others like Nuvama and Bernstein highlight pressures on same-store sales growth and cautious near-term demand.