At the company’s yearly shareholder meeting on Thursday, Neol Tata stated that Star has the potential to surpass Trent’s flagship fashion brands, Westside and Zudio.
Chairman Noel Tata stated on Thursday
At the company’s yearly shareholder meeting on Thursday, Neol Tata stated that Star has the potential to surpass Trent’s flagship fashion brands, Westside and Zudio.
Noel Tata pitches Trent’s market as the industry’s next big Star.
Chairman Noel Tata stated on Thursday
That Trent Ltd.’s supermarket company, Star, has the potential to surpass the company’s flagship fashion brands, Westside and Zudio, which are owned by the Tata Group.
Speaking to shareholders during Trent’s annual general meeting, Tata stated, “This is only because the food market is much bigger than the market for clothing.” “There is a huge opportunity there, and we are confident that we will deliver a big business in the food and grocery space as well,” the statement reads.
With a market valuation of ₹2,19,918.76 crore at the close of Thursday’s trading session, Trent’s now the fourth most valuable firm in the Tata Group, behind Tata Consultancy Services Ltd, Titan Co. Ltd, and Tata Motors Ltd.
Trent’s focus on Star follows the appointment of 32-year-old Neville Tata, the son of Noel Tata, as the supermarket company’s business chief less than a year ago.
Over the last six years, Star has lost more than ₹1,000 crore. In 2024–2025, Zudio’s revenue surpassed ₹8,300 crore, while Westside’s revenue was ₹6,210 crore.
However, Star’s 15.2% contribution to Trent’s consolidated revenue in FY25 highlights the company’s increasing importance in its total portfolio. The year saw Star’s highest-ever revenue of ₹8,854 crore, up over 25% from FY24.
This fiscal year, Trent intends to spend ₹2,000 crore in Trent Hypermarket Pvt. Ltd., the company that operates Star, according to an analyst report by HDFC Securities Ltd. According to a memo dated June 27, that would be almost three times the ₹754 crore Trent has put in its food business in over 20 years.
At the AGM, Neol Tata made no remarks regarding this. Mint’s emailed questions were not immediately answered by Trent.
While the benchmark Nifty 50 index down 0.19%, Trent shares closed Thursday’s trading on the NSE down 0.68% at ₹6,180.00 each.
