Trent, the owner of brands like Westside and Zudio, is due to report its first-quarter results on Friday.

What happened: The Tata Group firm is expected to report a revenue of ₹3,714 crore, according to an average of estimates from five brokerages. The company's net profit is expected to see an almost 81% increase to around ₹316 crore.

Trent's EBITDA is expected in the range of ₹460 crore to ₹611 crore whereas EBITDA margin may range between 13% to 16%.

HDFC Securities outlook for the company's annual performance is rated as "good". The brokerage expects a strong 8.2% and 75% growth for Westside and Zudio respectively.

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Axis Securities said the company will continue to see revenue growth on the back of store expansions. PAT is expected to increase due to reduced interest and depreciation costs resulting from the revaluation of lease liabilities. Demand outlook in metros and tier 2 and 3 towns ahead of the festive season will be key monitorable metric, Axis said. The company's guidance on store expansion will also be eyed.

Systematix Institutional Equities also expects strong growth led by store expansions. It expects Zudio to grow more than 70% with the addition of 40-50 stores. Same-store sales growth from Westside and Zudio are key metrics to be monitored, the brokerage added.

Price Action: Shares of trend were trading 2.49% higher at ₹5,784.40 ahead of its results on Friday.

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