Zara India Reports Flat Sales at ₹2,782 Cr in FY25, Profit Jumps 23%

Global fashion brand Zara has posted nearly flat revenue growth in India for the financial year 2024-25, while recording a strong 23% jump in net profit, according to the annual report of Trent Ltd.

Inditex Trent Retail India Private Ltd (ITRIPL), the joint venture between Spanish fashion giant Inditex and Tata Group’s retail arm Trent Ltd, reported revenue from operations at ₹2,782.06 crore in FY25, a marginal increase of 0.5% from ₹2,768.90 crore in FY24.

Despite muted top-line growth, Zara India’s net profit rose significantly to ₹299.47 crore in FY25, up from ₹243.84 crore in the previous financial year. The company attributed this rise in profitability to improved operational efficiencies and better cost management.

The total income, including other income, grew by 2.26% to ₹2,839.50 crore for the year ended March 31, 2025.

Zara operates in India through ITRIPL, which manages Zara-branded stores across major Indian cities. While the brand has not expanded its store count significantly in recent years, it continues to draw high footfalls in metro markets, positioning itself as a premium fast-fashion retailer.

Analysts suggest that the flat sales indicate a saturation point in existing markets or cautious consumer spending in the premium apparel segment, even as strong profit growth reflects the brand’s focus on margin improvement.