Mumbai, July 4 -- The Tata Group's retail arm reported a 20% year-on-year increase in standalone revenue, reaching Rs 5,061 crore in the June 2025 quarter. However, this growth fell short of the company's five-year compounded annual growth rate (CAGR) of 35%, raising questions about whether Trent can sustain its past performance.

The market reacted swiftly to the miss, with a domestic brokerage firm cutting its revenue growth estimates for FY26 and FY27 by 5% and 6% respectively. The brokerage also lowered EBITDA projections by 9% and 12% for the same period, citing slower-than-expected performance and margin concerns.

The brokerage further noted that the company's current growth run rate is below management's aspirational target of ach...