Outcome of Board Meeting

29th October 2026 To To Listing Department Corporate Relations Department The National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra-Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (East), Mumbai 400051 Dalal Street, Mumbai 400001 Symbol: TRENT Scrip Code: 500251 Dear Sir / Madam, Subject: Outcome of Board Meeting held today i.e. 29th October 2026 Pursuant to Regulations 30, 33(3) and 52(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, please find enclosed copies of the Unaudited (Standalone and Consolidated) Financial Results for the second quarter and half-year ended 30th September 2026, approved by the Board of Directors of the Company at its meeting held today i.e. 29th October 2026, together with Limited Review Reports issued by Deloitte Haskins & Sells LLP, the Statutory Auditors of the Company. The Board Meeting commenced at 12.15 p.m. and concluded at 3:45 p.m. The above information is also available on the website of the Company www.trentlimited.com. Thank you. Yours faithfully, For Trent Limited Krupa Anandpara Company Secretary Membership No.: A16536 Encl.: a/a Deloitte Chartered Accountants Westend Icon 11th & 12th floors Haskins & Sells LLP Building A, S No 169/1 Near Parihar Chowk DP Road, Aundh Pune-411007 Maharashtra, India Tel: +91 206 747 7800 INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM STANDALONE FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF TRENT LIMITED 1. We have reviewed the accompanying Statement of Unaudited Standalone Financial Results of TRENT LIMITED ("the Company"), for the quarter and six months ended Septembers 30, 2026 ("the Statement"), being submitted by the Company pursuant to the requirements of Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("the LODR Regulations"). 2. This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 and Regulation 52 of the LODR Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410'Review of Interim Financial Information Performed by the Independent Auditor of the Entity', issued by the Institute of Chartered Accountants of India (ICAI). A review of interim financial information consists of making inquiries, primarily of the Company's personnel responsible for financial and accounting matters and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 and Regulation 52 of the LODR Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For DELOITTE HASKINS & SELLS LLP Chartered Accountants (Firm's Registration No. 117366W/W-100018) Kedar Raje Partner (Membership No. 102637) UDIN: 26 loq637XKPJOOS406 Place: Mumbai Date: October 29, 2026 Regd. Office: One International Center, Tower 3, 32nd floor, Senapati Bapat Marg, Elphinstone Road (West), Mumbai-400 013, Maharashtra, India. Deloitte Haskins & Sells LLP is registered with Limited Liability having LLP identification No: AAB-8737 General TRENT LIMITED Registered Office: Bombay House, 24, Homi Mody Street, Mumbai 400 001 Tel: 022-67008090; Email Id: investor.relations@trent-tata.com; Website: www.trentlimited.com; CIN - L24240MH1952PLC008951 Statement of Standalone Financial Results for the Quarter and Six Months ended 30th September, 2026 Rs.In Crore Standalone For Quarter ended For Period ended For Year ended Particulars 30th Sept, 30th June, 30th Sept, 30th Sept, 30th Sept, 31st March, 2026 2026 2025 2026 2025 2026 Unaudited Unaudited Unaudited Unaudited Unaudited Audited 1 Income from Operations Revenue from operations 5,787.64 5,666.30 4,724.06 11,453.94 9,505.31 19,701.41 Other income 34.15 30.18 119.21 64.33 160.06 374.46 Total Income 5,821.79 5,696.48 4,843.27 11,518.27 9,665.37 20,075.87 2 Expenses a) Purchase of Stock-in-Trade 3,723.48 3,012.72 2,980.75 6,736.20 5,459.60 11,170.44 b) Changes in Inventories of Stock-in-Trade (512.63) 10.63 (302.61) (502.00) (158.89) (229.14) c) Employee benefits expense 390.85 348.91 287.31 739.76 571.59 1,222.04 d) Depreciation and amortization expense 401.01 393.80 315.29 794.81 599.14 1,315.69 e) Finance costs 41.92 45.12 41.28 87.04 80.82 164.72 f) Occupancy cost including rent 504.70 559.00 402.29 1,063.70 900.64 1,652.69 g) Other expenses 627.57 624.48 543.08 1.252.05 1,081.40 2,242.10 Total Expenses 5,176.90 4,994.66 4,267.39 10,171.56 8,534.30 17,538.54 3 Profit/(Loss) before exceptional Item and tax 644.89 701.82 575.88 1,346.71 1,131.07 2,537.33 4 Exceptional Items income/ (expense) (Refer Note 5) - - - - (25.79) 5 Profit/(Loss) before tax 644.89 701.82 575.88 1,346.71 1,131.07 2,511.54 6 Tax expense Current tax 160.28 182.15 133.18 342.43 274.84 565.69 Deferred taxes (5.04) (12.10) (8.07) (17.14) (17.13) (22.13) (Excess)/short provision for tax - - - - 0.16 Total tax expenses 155.24 170.05 125.11 325.29 257.71 543.72 7 Net Prof it/(Loss) for the quarter/ year 489.65 531.77 450.77 1,021.42 873.36 1,967.82 8 Other comprehensive income Items that will not be reclassified to Profit and (Loss) (i) Equity Instruments through other comprehensive income (1-49) 4.04 11.00 2.55 12.78 (2.91) (ii) Remeasurement of defined benefit plan (3.96) - (7.70) (3.96) (7-70) 1.09 (iii) Income taxon above 1.55 (0.92) 0.36 0.63 0.10 0.14 Other comprehensive income for the quarter/ year, net of tax (3.90) 3.12 3.66 (0.78) 5.18 (1.68) 9 Total comprehensive income after tax for the quarter/ year (7+8) 485.75 534.89 454.43 1,020.64 878.54 1,966.14 General Rs. In Crore Standalone For Quarter ended For Period ended For Year ended Particulars 30th Sept, 30th June, 30th Sept, 30th Sept, 30th Sept, 31st March, 2026 2026 2025 2026 2025 2026 Unaudited Unaudited Unaudited Unaudited Unaudited Audited 10 Paid-up equity share capital (Face Value of Re. 1 per Equity Share) 53.32 53.32 35.55 53.32 35.55 35.55 (Refer Note 6) 11 Paid up Debt capital (Refer Note 3) 2,233.52 2,342.65 2,514.71 12 Other equity 8,470.99 6,579.64 7,667.25 13 Earnings per share (of Re. 1/- each) (not annualised): (a) Basic 9.18 9.97 8.45 19.16 16.38 36.90 (b) Diluted 9.18 9.97 8.45 19.16 16.38 36.90 14 Debt equity ratio 0.26 0.35 0.33 15 Debt service coverage ratio (Refer Note 3) 1.38 2.69 2.85 IB Interest service coverage ratio (Refer Note 3) 16.69 15.26 16.76 17 Debenture redemption reserve 100.00 100.00 100.00 18 Capital redemption reserve 7.00 7.00 7.00 19 Net Worth 8,524.31 6,615.19 7,702.80 20 Current ratio 2.15 2.01 2.13 21 Long term debt to working capital 0.38 0.85 0.81 22 Bad debt to Account receivable ratio - 4 - 23 Current Liability ratio 47.95% 42.64% 40.36% 24 [Showing first 8,000 characters — download PDF for full document]