Mumbai/IBNS, Jan. 7 -- Shares of Trent Ltd. declined for the second consecutive session on Wednesday, extending losses to around 10%, media reports said.

The growth, however, was well below the management's guidance of 25% shared earlier during an analyst meet, CNBC TV18 reported.

For the third quarter of FY 2025-26, Trent reported a 17% year-on-year increase in revenue to Rs. 5,220 crore, compared with Rs. 4,466 crore in the same quarter last year.

Despite the rise, the pace of revenue growth in Q3 FY 2026 was slower than that recorded in Q3 of the previous year, Q4 FY 2025 and Q1 FY 2026, weighing on investor sentiment.

During the quarter, Trent expanded its retail footprint by adding 17 Westside stores and 48 Zudio outlets.

Notabl...