Trent's Q2 margin, growth bring cheer. Can it sustain the momentum?
Trent set out an expansion in a quarterly results development.
· LiveMint Markets
Margin expansion meant Trent’s Ebitda increased by almost 30% year-on-year, faster than the 22.5% growth in revenues to ₹5,788 crore. The Westside format is estimated to have delivered a better same-store sales growth.
The analysis
Trent reported ₹5,788 crore, with movement of 30% and 22.5% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +5.4% on the day at ₹3,017.30, and has returned -4.8% over three months. It sits 37% below its 52-week high, which means a good deal of bad news was already in the price. The consumer & retail sector has moved -8.7% over the same period, so Trent is running 3.9 points ahead of its peers.
For Trent, the question is how much of this is already reflected in the price and how much re-rates the consumer & retail peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- In focus: Trent (Westside) (TRENT), in Consumer & Retail.
- Over three months: Trent (Westside) -4.8% against Consumer & Retail -8.7% (3.9 points ahead).
- At least 25% below the 52-week high: Trent (Westside) (37%).
- Trading well above normal today: Trent (Westside) at 4.1 times its 20-day average volume.
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Trent (Westside)TRENT · Consumer & Retail | ₹3,017.30 | +5.4% | +8.6% | -4.8% | -36.9% | 4.1× | — |
Consumer & Retail
1M -4.6% · 3M -8.7%
Trent (Westside)
Prices as of 30 Oct 2026, 15:31 IST. Sector moves are the average of the stocks we track in each sector.
In this story
Related coverage
Meesho Q2 Results: Loss narrows to Rs 132 crore YoY, revenue rises 34%
Godrej Consumer Q2 Review: Brokerages Flag Margin Pressure Despite Strong Volume Growth
Godrej Consumer Shares Fall Nearly 4% After Q2 Results As Margins Come Under Pressure
Stocks To Watch Today: IndiGo, Suzlon Energy, Trent, Coal India, Meesho Among Others
Godrej Consumer Q2: Net Profit Up 14%, Rs 5 Interim Dividend Declared