Trent reported its weakest profit rise in 10 quarters as muted demand and early monsoons dented in-store shopping.

• Brokerages cite cost control for Q1 beat, but warn of slower store expansion and weak sales in tier 1/2 cities.
• Goldman flags low single-digit like-for-like sales growth; new store contributions also showed signs of slowdown.
• Jefferies notes margin surprise but questions the employee cost drop due to unclear disclosures.