Trent announced its audited financial results for FY26 ended March 31, 2026, with the Board of Directors approving key corporate actions at its meeting held on April 22, 2026. The company delivered robust performance across both quarterly and annual metrics while announcing significant shareholder-friendly initiatives including a dividend recommendation, bonus issue, and fund-raising approval.

Q4FY26 Financial Performance

For the quarter ended March 31, 2026, Trent reported standalone net profit of ₹454.75 crore with revenue from operations reaching ₹4,936.64 crore, representing a 20% increase from ₹4,106.10 crore in Q4FY25. The company achieved operating margin of 11.88%, up from 11.29% in the previous year. Operating EBITDA stood at ₹668.00 crore, reflecting 43% growth. On a consolidated basis, Q4FY26 net profit reached ₹413.10 crore with revenue of ₹5,027.99 crore.

Annual Results FY26

The company's annual standalone net profit for FY26 reached ₹1,967.82 crore, representing a 24% increase from ₹1,584.84 crore in FY25. Total standalone revenue for the year amounted to ₹19,701.41 crore, up 18% from ₹16,668.11 crore. On a consolidated basis, net profit stood at ₹1,721.33 crore with revenue of ₹20,074.21 crore. The company recognized exceptional items of ₹25.79 crore (standalone) and ₹26.11 crore (consolidated) related to the impact of new labour codes effective from November 21, 2025.

Corporate Actions and Board Decisions

The Board recommended a dividend of 600%, i.e., ₹6 per equity share of Re. 1 each, to be paid on or after the third day from the conclusion of the 74th Annual General Meeting. Additionally, the Board approved the issuance of bonus shares in the proportion of 1:2, i.e., one bonus equity share for every two fully paid-up equity shares held, subject to shareholder approval. The bonus shares will be issued out of the securities premium account. In view of the proposed bonus issue, the dividend per share will be proportionately reduced post-bonus.

The Board granted enabling approval for raising additional funds not exceeding ₹2,500 crore through issuance of equity shares via rights issue and/or other permissible modes. The company also adopted 'Trent Limited - Employee Stock Option Plan 2026' for eligible employees through issuance of 8,88,700 equity shares (0.25% of total issued share capital as on March 31, 2026).

Governance Changes

The Board approved the appointment of Mr. Bahram Vakil as Additional Director (Non-Executive, Non-Independent) effective April 23, 2026, until the forthcoming Annual General Meeting. Upon recommendation of the Nomination and Remuneration Committee, the Board approved the re-appointments of Mr. Ravneet Singh Gill and Ms. Hema Ravichandar as Independent Directors for a second term of five years from December 29, 2026 to December 28, 2031, subject to shareholder approval.

The Board also approved the reclassification of authorised share capital and alteration of the capital clause of the Memorandum of Association, converting the existing structure to 85,55,00,000 equity shares of Re. 1 each. The Postal Ballot Notice was approved for seeking shareholder approval on the proposals of alteration of capital clause, bonus shares issuance, ESOP, and related matters.

Trent 's board of directors has approved a significant fundraising initiative, clearing a comprehensive plan to raise up to Rs 2,500 crore through additional funding mechanisms. This substantial capital raising proposal marks an important strategic decision for the retail company.

Board Approval Details

The company's board has provided clearance for the fundraising plan, which encompasses raising funds up to Rs 2,500 crore. This approval represents a major financial decision that will enable the company to access substantial capital resources.

Strategic Implications

The board's decision to approve this substantial fundraising plan demonstrates Trent's strategic approach to capital management and financial planning. The approval of up to Rs 2,500 crore in additional funding provides the company with significant financial flexibility to pursue its business objectives.

This fundraising initiative reflects the company's proactive approach to securing adequate capital resources. The substantial amount approved by the board indicates the scale of the company's funding requirements and its commitment to maintaining strong financial capabilities.

Capital Raising Framework

The approved plan establishes a framework for raising up to Rs 2,500 crore through additional funding channels. This comprehensive approach to capital raising provides the company with multiple options to secure the necessary financial resources for its operations and strategic initiatives.