Retail News

Tata Trent raises 100 crore from market
July 12, 2017

Tata group retail chain Trent, which operates Westside, one of India’s largest and fastest growing retail chains, has raised Rs 100 crore from the market by issuing commercial papers. Trent runs and operates the Spanish fashion brand Zara in India through a joint venture Inditex Trent, between Inditex and the Tata Group. Trent currently operates 93 Westside stores and 18 ZARA across India. During FY16, Trent reported consolidated total income of Rs. 2463.51 crore and PAT of Rs. 63.15 crore as against total income of Rs. 2381.44 crore and PAT of Rs. 129.43 crore for FY15.