Trent shares rise as it makes Gujarat debut with Burnt Toast store- Grow Mudra

Trent shares rise as it makes Gujarat debut with Burnt Toast store

19 Aug , 2025 By : Debdeep Gupta

Shares of Trent rise to Rs 5,561 per share on August 19 after the company officially marked its entry into Gujarat with the launch of its first-ever store “Burnt Toast” in Surat.

In its press release, Trent said, “Burnt Toast caters to a wide spectrum of preferences and budgets with trend-forward, affordable pieces crafted with care. With elevated comfort, trendy silhouettes, and a refined aesthetic, the collection reflects the global aspirations of today’s youth, ensuring there is something for every individual and every style.”

Located at Unity Corner, Plot No. 1, Umra South, City Light, the store is expected to redefine affordable fashion in the city. With youthful and fun apparel, Trent aims to connect with Surat’s vibrant audience.

Set in the heart of Surat’s bustling City Light area, the store promises a high-energy retail experience. “Offering a wide range of apparel, accessories, and beauty products, Burnt Toast invites Surat’s youth to embrace personal style and set their own trends,” the company added.

On the financial front, Trent reported a consolidated net profit of Rs 430 crore in the first quarter of the current financial year (Q1FY26), an increase of 9 percent from Rs 393 crore posted in the same quarter last year.

Revenue from operations during April-June rose 19 percent to Rs 4,883 crore from Rs 4,104 crore in the year-ago period. The Tata Group company also reported a sharp rise in operating performance, with operating profit up 38 percent at Rs 847 crore against Rs 613 crore a year earlier.

The operating profit margin improved by 240 basis points to 17.35 percent from 14.94 percent. Operating profit is also referred to as earnings before interest, taxes, depreciation and amortisation (EBITDA).

As of June-end, Trent had a store network comprising 248 Westside outlets, 766 Zudio stores (including two in the UAE), and 29 stores across other lifestyle concepts.

Despite the robust quarterly performance, shares of Trent have fallen over 21 percent so far this year, sharply underperforming the Nifty 50 index which has gained 2 percent during the same period.