Retail major Trent Ltd reported an 11% year-on-year increase in Q2 net profit to ₹377 crore, while revenue rose 16% to ₹4,818 crore. The board approved tendering its stake in the Tata-Zara joint venture to the Spanish partner as part of portfolio realignment. The company’s growth was supported by strong same-store performance and sustained consumer demand. Analysts said the exit could free capital for expanding Trent’s own brands like Westside and Zudio, which continue gaining market share.