According to a CNBC-TV18 poll, Trent’s Q3FY25 revenue is expected to rise 35% year-on-year (YoY) to ₹4,680 crore from ₹3,466.6 crore in Q3FY24. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) is projected to increase 33.5% YoY to ₹840 crore, up from ₹629 crore a year ago.
Profit after tax (PAT) is estimated to grow 40% YoY to ₹519 crore. However, EBITDA margin may slip slightly to 17.9% from 18.1% in Q3FY24, primarily due to Zudio’s higher revenue share.
Analysts are also watching for a potential moderation in revenue growth compared to past trends, given the impact of a high base and subdued consumer sentiment.
Despite recent weakness in Trent’s stock, Goldman Sachs sees this as a buying opportunity, maintaining a “Buy” rating with a target price of ₹8,300 per share—implying a 40% upside from current levels.
On Wednesday, February 5, Trent’s stock closed marginally lower at ₹5,749.95 per share, down 0.01%. The Mumbai-headquartered company has a market capitalisation of ₹2,04,403 crore and has gained around 7.5% over the past six months.
(Edited by : Sheersh Kapoor)
