Zara shops in India reported a Rs 299.84 crore revenue and Rs 2,782.06 crore income from operations in FY25, Inditex Trent Retail India Personal Ltd (ITRIPL), which operates the Zara model in India, mentioned.
Its whole revenue was Rs 2,767.75 crore for the monetary 12 months ended March 31, in comparison with Rs 2,839.50 crore a 12 months in the past.
ITRIPL is a JV between Spain’s Inditex, which owns luxurious vogue model Zara, and Tata Group’s retail arm Trent Ltd.
Zara, which competes with overseas manufacturers like H&M and UNIQLO in India, at present operates 22 shops within the nation.
In FY26, Trent decreased its stake in ITRIPL in a buyback supply by ITRIPL.
“Throughout the 12 months underneath evaluation, the corporate participated within the buyback supply made by ITRIPL and tendered 94,900 fairness shares. Pursuant to the acceptance of the mentioned supply, the corporate’s shareholding in ITRIPL stands at 20 per cent,” it mentioned.Inditex group has one other JV affiliation with Trent, which operates Massimo Dutti shops in India. Massimo Dutti India Pvt Ltd (MDIPL) operates three shops in India.
Its income elevated 27.97 per cent to Rs 128.45 crore in FY25 in comparison with Rs 100.37 crore in FY24.
The web revenue rose 13.86 per cent to Rs 11.66 crore for the monetary 12 months ended March 2026.
Like ITRIPL, Tata group retail agency Trent has a 20 per cent stake in MDIPL.
ITRIPL and MDIPL supply merchandise solely from the Inditex Group, one of many world’s largest vogue retail teams, headquartered in Arteixo, Galicia, Spain, whose portfolio consists of a number of well-known manufacturers, reminiscent of Zara, Massimo Dutti, Pull&Bear, Bershka, and Stradivarius, a girls’s vogue model.
Furthermore, the selection of product and associated specs is Inditex’s discretion. Additional, the entities are depending on the Inditex group for permissions to make use of the mentioned manufacturers in India, topic to its phrases and specs, in accordance with the newest annual report of Trent.
