Trent Limited Announces Q2 Financial Results; Confirms Senior Leadership Transition and Auditor Rotation Plans
Trent Limited, a Tata Enterprise, has reported its unaudited financial results for the quarter ended June 30, 2026, alongside details concerning senior managerial changes and the rotation of statutory auditors, as approved by its Board of Directors on August 6, 2026.The company’s performance indicators were reviewed against previous periods. Key figures from the unaudited Standalone Financial Results for the quarter ended June 30, 2026, are presented below:
| Particular | Standalone (Q2 '26) | Standalone (Q2 '25) |
|---|---|---|
| Revenue from operations | 5,666.30 Rs. in Crore | 4,781.25 Rs. in Crore |
| Total Income | 5,696.48 Rs. in Crore | 4,822.10 Rs. in Crore |
| Net Profit/(Loss) for the quarter | 531.77 Rs. in Crore | 422.59 Rs. in Crore |
| Net Profit Margin | 9.38% | 11.88% |
The Consolidated Financial Results for the quarter ended June 30, 2026, showed similar trends. Total Income stood at 5,784.54 Rs. in Crore, compared to 4,924.07 Rs. in Crore during Q2 of the previous year.
| Particular | Consolidated (Q2 '26) | Consolidated (Q2 '25) |
|---|---|---|
| Revenue from operations | 5,754.71 Rs. in Crore | 4,883.48 Rs. in Crore |
| Total Income | 5,784.54 Rs. in Crore | 4,924.07 Rs. in Crore |
| Net Profit/(Loss) for the quarter | 518.07 Rs. in Crore | 424.70 Rs. in Crore |
| Net Profit Margin | 9.00% | 11.57% |
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Management and Governance Updates
The Board meeting addressed several key governance matters, including transitions within the senior management team and planning for the statutory audit function.Head of Internal Audit Transition
The company announced a change in Senior Managerial Personnel regarding the Head of Internal Audit. Mr. Ratul Neogi will retire upon attaining superannuation, with his cessation effective as of August 31, 2026. Ms. Varsha Agarwal has been appointed to head the Internal Audit function, effective from September 1, 2026.
Statutory Auditor Rotation
Regarding the rotation of Statutory Auditors for FY 2027-28, the Board of Directors recommended the appointment of M/s B S R & Co. LLP, Chartered Accountants, to replace M/s Deloitte Haskins & Sells LLP, which will complete its second five-year term.
The proposed new auditors, B S R & Co. LLP (ICAI Firm Registration No. 101248W/W-100022), are recommended for a term of five consecutive years, starting from the conclusion of the 75th Annual General Meeting to be held in 2027 and continuing until the conclusion of the 80th AGM in 2032. This appointment remains subject to approval by the Members of the Company.
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Financial Highlights and Ratios Summary
The financial statements provide insight into the company's operational health, with various ratios reported across the different reporting periods:| Ratio | Q2 Ended 30 June, 2026 (Standalone) | Q2 Ended 31 March, 2026 (Standalone) |
|---|---|---|
| Debt equity ratio | 0.29 | 0.34 |
| Operating Margin | 12.92% | 11.52% |
| Net Profit Margin | 9.38% | 8.96% |
| Current ratio | 2.23 | 2.57 |
The company's main business is retailing and trading of merchandise, with all other operating activities being incidental to its core business.
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