With Star recording its highest ever revenue of Rs 8,854 crore (USD 1.01 billion) during this financial year, nearly up 25% from the previous one, Trent Hypermarket Private Limited, which runs Star, has become, under Noel Tata’s chairmanship, the Tata Group’s fourth most valuable company, after Tata Consultancy Services Limited, Titan Company Limited and Tata Motors Limited, reported Mint on July 4, 2025.
"This is only because the food market is much bigger than the market for clothing,” chairman Noel Tata said at Trent’s annual general meeting with shareholders on July 3, comparing Star’s performance with that of the company’s flagship fashion brands Zudio and Westside. "So, we are convinced there’s a huge opportunity there and with time you will see that we deliver a big business in the food and grocery space as well,” Tata added.
Mint reports that Noel’s son Neville Tata, was appointed business head of the grocery business less than a year ago, when Star had accumulated losses over the previous six years to the tune of Rs 1,000 crore (USD 114 million). In the current financial year Star has contributed about 15.2% to Trent’s consolidated revenue, recording its highest ever revenue. According to an analyst from HDFC Securities Limited, Trent plans to invest Rs 2,000 crore (USD 228 million) in Trent Hypermarket Private Limited. Trent’s market capitalization was Rs 2,19,918 crore (USD 25.1 billion) on July 3, Mint reported.
Sherene Vakil