Indian retailer Trent, owned by Tata Group, reported a 65% surge in Q4 revenues to INR 21.8bn ($266.9m), supported by strong sales at its Westside and Zudio stores. Consolidated net profit for the quarter was INR 541.6m, compared with INR 1.6m last year. Trent had 214 Westside stores and 352 Zudio stores at the end of March. Inflation has increased customer demand for pocket-friendly alternatives such as Trent's Zudio stores. Shares in its parent company, Trent, rose by 0.64%, taking gains in 2021 to around 3%.
