Trent board loses Harish Bhat: Trent stock is valued at INR 1,501.0 billion

Published on 10/21/2026 at 11:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Trent will report second-quarter results on October 29, 2026. Trent stock has 1,342 stores, while second-quarter revenue grew 23 percent year over year.

Board change and results date

Harish Bhat resigned as a Trent director effective October 17, 2026.
Second-quarter revenue increased 23 percent year over year to INR 5,788 crore.
Trent's market capitalization stood at INR 1.5 trillion on October 21, 2026.

Trent, INE849A01020, Illustration mit AI erstellt.

Trent (ISIN INE849A01020) had one board change on October 17, 2026, when Harish Bhat resigned as a non-executive, non-independent director. ET BrandEquity reported that the resignation reflected growing personal and professional commitments, while Trent's second-quarter results are scheduled for October 29, 2026.

Growth sets the operating backdrop

Trent's latest operating update showed standalone revenue from operations of INR 5,788 crore in the second quarter of fiscal 2026-27, up 23 percent year over year from INR 4,724 crore. CNBC TV18 said first-half fiscal 2026-27 revenue reached INR 11,454 crore, 21 percent above INR 9,505 crore in the year-ago period.

The expansion figures explain why the October 29 report matters. Trent opened its 1,000th Zudio store during the quarter, and its retail portfolio reached 1,342 stores as of September 30, 2026. The company added 10 Westside stores and 17 Zudio stores in the quarter, according to CNBC TV18.

What does the board change mean?

Bhat had served on Trent's board since April 2014, making the resignation a governance change rather than an operating announcement. Exchange4Media reported that Trent informed both stock exchanges through a filing dated October 18, 2026.

Three dates frame the story

On September 30, 2026, Trent's retail portfolio stood at 1,342 stores. On October 5, 2026, second-quarter revenue was reported at INR 5,788 crore, representing 23 percent year-over-year growth. On October 17, 2026, Bhat's resignation took effect, with the October 18 filing confirming the change.

Next date for investors

Trent's next substantiated event is the October 29, 2026, second-quarter results announcement, as reported by ET BrandEquity.

Trent valuation and market position

Trent's market capitalization stood at INR 1.5 trillion on October 21, 2026. The latest NSE quote was INR 2,815.00 at 3:12 p.m. IST on October 21, 2026, while the 52-week range was INR 2,183.67 to INR 4,866.50. NSE identifies Trent as a Nifty 50 company in the specialty retail industry.