Business news · Corporate · 06 Oct 2026
IN Consumer Services Fast Moving Consumer Goods
Trent, the Tata group retailer behind Westside and Zudio, said standalone revenue for July-September was Rs 5,788 crore, 23% more than the Rs 4,724 crore of a year earlier, and Rs 11,454 crore for the half year, up 21%. It added 17 Zudio and 10 Westside stores in the quarter, taking the network to 1,342, and Zudio crossed 1,000 stores. The shares rose as much as 12.75% to Rs 2,909 on NSE. The same morning Honasa Consumer, which owns Mamaearth, guided to sales growth in the early thirties per cent and rose more than 8%.
These are the first hard readings on discretionary spending for the quarter, and they came in above forecasts even though part of the festive season moved into October-December: Citi had pencilled in 18% growth for Trent. The read-across is to apparel and value retailers and to beauty brands. It is not uniform. Avenue Supermarts reported 18.4% revenue growth to Rs 19,206 crore but its shares are down 22% in six months, with investors pointing to slow store additions and quick-commerce competition. Brokerages quoted by Upstox also flag Trent's revenue per square foot and margins as the open questions; profit figures come with the full results.
Reported by Upstox — “Trent shares jump 13% after Q2 revenue beats estimates; analysts weigh in” ↗ on 06 Oct 2026.
NSE stocks, from the last close on or before 06 Oct 2026 to the close on 15 Oct 2026.
| Sector | Stocks | Median move | Up | vs all stocks |
|---|---|---|---|---|
| Consumer Services | 46 | -2.0% | 16 of 46 | -0.3 pts |
| Fast Moving Consumer Goods | 47 | +0.2% | 25 of 47 | +1.8 pts |
| All tracked stocks | 804 | -1.6% | 270 of 804 | — |
| Company | Then | Now | Move |
|---|---|---|---|
| Avenue Supermarts Ltd. DMART | ₹3,581.9 | ₹3,378.4 | -5.7% |
| Honasa Consumer Ltd. HONASA | ₹478.3 | ₹447.9 | -6.4% |
| Trent Ltd. TRENT | ₹2,906 | ₹2,949.7 | +1.5% |
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