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Harish Bhat Resigns from Trent Board After 12 Years Ahead of Q2 Results
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CNBC TV18•19-10-2026, 18:54
Harish Bhat Resigns from Trent Board After 12 Years Ahead of Q2 Results
- •Harish Bhat has resigned as Non-Executive, Non-Independent Director of Trent after serving for over 12 years, citing growing professional and personal commitments.
- •His resignation took effect on October 17, just ahead of Trent's scheduled Q2 FY27 results announcement on October 29.
- •Trent reported a 23 percent year-on-year increase in standalone revenue to Rs 5,788 crore for the September quarter.
- •The company crossed a major retail milestone during the quarter by opening its 1,000th Zudio store, bringing its total store portfolio to 1,342 outlets.
- •Trent shares closed 2.3 percent lower at Rs 2,891.60 following the announcement of Bhat's resignation.
Key Questions Answered
Harish Bhat resigned as a Non-Executive, Non-Independent Director of Trent effective October 17, 2026, after serving for over 12 years. He cited growing professional and personal commitments as the reason for his departure.
Trent reported a 23% year-on-year increase in standalone revenue to ₹5,788 crore for the September quarter (Q2 FY27). During the same quarter, the company reached a milestone by opening its 1,000th Zudio store, bringing its total portfolio to 1,342 stores across brands like Westside and Zudio as of September 30, 2026.
Trent's board is scheduled to meet on October 29, 2026, to consider and approve its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026.
