# India fashion retailer Trent tumbles 11% as revenue growth disappoints — retained record

> Retained news record from news:cnbc-markets.

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source: [news](https://highsignal.app/data/news) (news:cnbc-markets)  published 2026-07-07 05:57 ingested 2026-07-07 09:38

[original source ↗](https://www.cnbc.com/2026/07/07/india-fashion-retailer-trent-tumbles-11percent-as-revenue-growth-disappoints.html)

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Shares of one of India's biggest fashion retailers, Trent, plunged over 11% on Tuesday after the company's first-quarter revenue growth missed earnings targets.
The Tata Group company reported standalone revenue of 56.66 billion rupees ($595 million) for the quarter ended June, up 19% on year, Trent said on Monday.
Citigroup remains "cautious on Trent" owing to a weak trend in revenue per square foot, increasing competition, the impact of cannibalization, and new-store expansion in smaller cities. The firm was expecting the company to report revenue growth of 23%, it said in a report Monday.
Trent operates fast fashion stores primarily in India under the brands Westside and Zudio. At the end of June, Trent had a portfolio of 1,312 stores, the company said.
Shares of the company are up 4.3% since the start of this year, even as India's benchmark index Sensex is down nearly 8%.
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