Shares of retail major Trent ended over 12% lower on Tuesday (July 7, 2026) after its June quarter revenue growth missed market expectations.
The Tata Group stock tanked 12.42% to end at ₹2,928.05 on the BSE. During the day, it plunged 12.69% to ₹2,919.
At the NSE, the stock tumbled 12.44% to ₹2,927.80.
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Trent Ltd's standalone revenue for the June quarter of FY27 has increased by 19% to ₹5,666 crore, according to a quarterly update by the company.
The company's standalone revenue for the corresponding quarter a year ago stood at ₹4,781 crore, according to the update filed on Monday.
The firm operates retail stores under the brand names such as Westside, Zudio and Star.
"Revenue from sale of merchandise (excl. other operating income) also grew by 19% during the quarter ended June 2026," said Trent.
During the quarter, Trent opened 1 Westside and 19 of its value-offering format Zudio, which targets the affordable fast-fashion segment.
Trent’s stock price has rallied in the past few weeks in anticipation of further acceleration in revenue growth (from 20% YoY in Q4 FY26), it said.
In this context, the 19% YoY revenue growth is weaker, the report added.
