Integrated Filing — IndAS



General information about company

Scrip Code 500251
NSE Symbol TRENT
MSEI Symbol NOTLISTED
ISIN INE849A01020
Name of company TRENT LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 29-10-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 06-10-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Retail
Start date and time of board meeting 29-10-2026   12:15:00
End date and time of board meeting 29-10-2026   15:45:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 5,87,314.00 11,62,785.00
Other income 2,611.00 5,594.00
Total income 5,89,925.00 11,68,379.00
2 Expenses
(a) Cost of materials consumed 0.00 0.00
(b) Purchases of stock-in-trade 3,77,606.00 6,84,675.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (51,297.00) (49,918.00)
(d) Employee benefit expense 41,086.00 78,165.00
(e) Finance costs 4,428.00 9,127.00
(f) Depreciation, depletion and amortisation expense 41,980.00 82,996.00
(f) Other Expenses
1 Occupancy Cost Including Rent 47,120.00 99,783.00
2 Other Expenses 64,990.00 1,29,381.00
Total other expenses 1,12,110.00 2,29,164.00
Total expenses 5,25,913.00 10,34,209.00
3 Total profit before exceptional items and tax 64,012.00 1,34,170.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 64,012.00 1,34,170.00
6 Tax expense
7 Current tax 16,207.00 34,713.00
8 Deferred tax (1,110.00) (2,239.00)
9 Total tax expenses 15,097.00 32,474.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 48,915.00 1,01,696.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method (2,106.00) (3,080.00)
16 Total profit (loss) for period 46,809.00 98,616.00
17 Other comprehensive income net of taxes (388.00) 121.00
18 Total Comprehensive Income for the period 46,421.00 98,737.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 46,377.00 98,278.00
Total profit or loss, attributable to non-controlling interests 432.00 338.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 45,982.00 98,392.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 439.00 345.00
21 Details of equity share capital
Paid-up equity share capital 5,332.00 5,332.00
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 8.7 18.43
Diluted earnings (loss) per share from continuing operations 8.7 18.43
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 8.7 18.43
Diluted earnings (loss) per share from continuing and discontinued operations 8.7 18.43
24 Debt equity ratio 0 0.300
25 Debt service coverage ratio 0 1.3300
26 Interest service coverage ratio 0 15.6300
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The above unaudited Consolidated Financial Results for the quarter and six months ended 30th September 2026 were reviewed by the Audit Committee and recommended to the Board, which was thereafter approved by the Board of Directors of the Parent Company at its meeting held on 29th October 2026. 2. The ratios have been computed as follows: Paid up debt capital represents Loans, Debentures, Commercial papers , Lease Liabilities and Financial Liability under IND AS 116. Debt Service Coverage Ratio = Earnings before Interest and Tax/ (Interest+ Principal Repayment of Debenture, Commercial paper , Lease Liabilities and Financial Liability under IND AS 116) Interest Service Coverage Ratio = Earnings before Interest and Tax/Interest Expenses. Operating Margin = Earnings before exceptional items and tax + IND AS 116 impact including accelerated depreciation + Finance Cost – Other Income/ Revenue from Operations. Net Profit Margin= Net Profit/ Revenue from Operations. Current ratio= Current assets/Current liabilities excluding Debt Capital. Current Liability ratio= Current liabilities excluding Debt Capital / Total Liabilities Interest includes interest on borrowing, lease liabilities and Financial Liability under IND AS 116. 3. Main business of the Group entities is retailing / trading of merchandise. All other operating activities of the Group are incidental to its main business. Accordingly, there are no separate reportable segments. 4. The Exceptional Items of Rs. 26.11 crores for the year ended 31st March 2026 is related to incremental impact of consolidation of 29 existing labour legislations into a unified framework comprising four labour codes viz the Code on Wages, 2019, the Code on Social Security, 2020, the Industrial Relations Code, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 (collectively referred to as the “Codes”) which became effective from 21st November 2025. 5. During the six months ended 30th September, 2026, the Company has issued 1 (One) bonus share for every 2 (Two) shares held. Accordingly, earning per share (EPS) for all the reporting periods have been adjusted for bonus shares issued. 6. The statutory auditors of the Parent Company have carried out limited review of the consolidated financial results for the current quarter and six months ended 30th September 2026 and have issued an unmodified review report. For and on behalf of the Board of Directors Mumbai N N TATA 29th October, 2026 Chairman DIN : 00024713



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026
Date of end of reporting period 30-09-2026
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 3,47,232.00
Capital work-in-progress 23,754.00
Investment property 2,973.00
Goodwill 2,719.00
Other intangible assets 1,84,784.00
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 78,002.00
Trade receivables, non-current
Loans, non-current 826.00
Other non-current financial assets
1 Other 93,158.00
Total of other non-current financial assets 93,158.00
Total non-current financial assets 1,71,986.00
Deferred tax assets (net) 12,720.00
Other non-current assets
1 Other non-current assets 28,516.00
Total of other non-current assets 28,516.00
Total non-current assets 7,74,684.00
2 Current assets
Inventories 2,84,091.00
Current financial asset
Current investments 73,317.00
Trade receivables, current 3,500.00
Cash and cash equivalents 18,126.00
Bank balance other than cash and cash equivalents 215.00
Loans, current 354.00
Other current financial assets
Total of other current financial assets 13,840.00
Total current financial assets 1,09,352.00
Current tax assets (net) 465.00
Other current assets
1 Other current assets 91,709.00
Total of other current assets 91,709.00
Total current assets 4,85,617.00
3 Non-current assets classified as held for sale 23.00
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 12,60,324.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 5,332.00
Other equity 7,71,615.00
Total equity attributable to owners of parent 7,76,947.00
Non controlling interest 12,673.00
Total equity 7,89,620.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
1 (i) Lease Liabilities 1,03,941.00
2 (ii) Other financial liabilities 2,924.00
Total of other non-current financial liabilities 1,06,865.00
Total non-current financial liabilities 1,06,865.00
Provisions, non-current 10,611.00
Deferred tax liabilities (net) 0.00
Deferred government grants, Non-current 0.00
Other non-current liabilities
1 Other non-current liabilities 999.00
Total of other non-current liabilities 999.00
Total non-current liabilities 1,18,475.00
Current liabilities
Current financial liabilities
Borrowings, current 48,941.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 5,179.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 1,68,478.00
Total Trade payable 1,73,657.00
Other current financial liabilities
1 Lease Liabilities 79,948.00
2 Other current financial liabilities 25,714.00
Total of other current financial liabilities 1,05,662.00
Total current financial liabilities 3,28,260.00
Other current liabilities 11,280.00
1 Other current liabilities 11,280.00
Total of other current liabilities 11,280.00
Provisions, current 10,812.00
Current tax liabilities (Net) 1,877.00
Deferred government grants, Current
Total current liabilities 3,52,229.00
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 4,70,704.00
Total equity and liabilites 12,60,324.00
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2026 01-04-2026
Date of end of reporting period 30-09-2026 30-09-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 (i) Equity Instruments through other comprehensive income (225.00) 384.00
2 (ii) Remeasurement of defined benefit plan (329.00) (329.00)
Total Amount of items that will not be reclassified to profit and loss (554.00) 55.00
2 Income tax relating to items that will not be reclassified to profit or loss (150.00) (28.00)
3 Amount of items that will be reclassified to profit and loss
1 Exchange differences on translation of foreign operation 16.00 38.00
Total Amount of items that will be reclassified to profit and loss 16.00 38.00
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income (388.00) 121.00



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026
B Date of end of reporting period 30-09-2026
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 1,34,170.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 6,913.00
Adjustments for decrease (increase) in inventories (55,157.00)
Adjustments for decrease (increase) in trade receivables, current (23,590.00)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets (8,948.00)
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 53,692.00
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities (5,157.00)
Adjustments for depreciation and amortisation expense 83,155.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (344.00)
Adjustments for dividend income 768.00
Adjustments for interest income 0.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) (1,383.00)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (952.00)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 856.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 48,317.00
Net cash flows from (used in) operations 1,82,487.00
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 33,929.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 1,48,558.00
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 2,49,912.00
Other cash payments to acquire equity or debt instruments of other entities 2,56,940.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 6,749.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 4,007.00
Purchase of property, plant and equipment 69,683.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 816.00
Interest received 502.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities (78,135.00)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 47,628.00
Repayments of borrowings 50,000.00
Payments of lease liabilities 46,054.00
Dividends paid 21,279.00
Interest paid 10,725.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (80,430.00)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (10,007.00)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents (3.00)
Net increase (decrease) in cash and cash equivalents (10,010.00)
Cash and cash equivalents cash flow statement at beginning of period 28,136.00
Cash and cash equivalents cash flow statement at end of period 18,126.00