MAM
JWT to host Portfolio Night 11 in Mumbai
MUMBAI: JWT India will be hosting Portfolio Night 11, a platform to nurture young talent in the industry in Mumbai. The event gives them an opportunity to showcase their ideas to the most creative minds of the country.
Portfolio Night is an annual property of ‘IHAVEANIDEA’, the creative founders and the world’s first and largest community of the international advertising industry.
This year the event is scheduled to take place simultaneously in over 20 cities on the same date across the world, including Athens, Austin, Beijing, Boston, Costa Rica, Johannesburg, Los Angeles, Montreal, New York, Paris, Sao Paulo, Stockholm, Tokyo and Toronto. It will be held on 22 May. This is the fourth year that the event is taking place in India.
JWT South Asia CEO Colvyn Harris said, “We are delighted to host Portfolio Night 11 and would like it to be an entry point for unleashing creativity in the new world order. Portfolio Night is an ideal platform that identifies and recognizes fresh creative talent and offers them a unique opportunity of getting mentored and nurtured by the best in the advertising fraternity. This is also the perfect opportunity for industry experts to give back to the industry, by guiding aspiring young creatives and helping them carve a niche for themselves.”
JWT India chief creative officer and managing partner Bobby Pawar said, “JWT India has always encouraged budding talent and Portfolio Night 11 is a platform that celebrates creativity. It is a brilliant opportunity for us to unite the advertising and design communities as the next generation of creative talent makes an exciting foray into the industry.”
Portfolio Night director of content and communications Brianna Graves said, “Portfolio Night is thrilled to have JWT representing Mumbai on the global stage that will be highlighted in May during #PN11. We expect JWT to execute an amazing event that supports the young creative community in Mumbai and allows its best creative leadership to give back to the industry and nurture the advertising leaders of tomorrow.”
Portfolio Night 11 is open to young creative professionals from advertising, digital and design agencies and also senior students of art colleges. JWT India will viral the promotional campaign through broadcast and digital medium. Participants will need to register on their respective city’s page on the Portfolio Night website.
Brands
Trent posts Rs 19,701 crore FY26 revenue, profit rises to Rs 1,968 crore
Q4 profit at Rs 455 crore; margins improve, net worth climbs to Rs 7,703 crore
MUMBAI: Retail therapy seems to be working for Trent Limited as much as for its shoppers. The Tata Group retail arm reported a steady performance for FY26, with revenue from operations rising to Rs 19,701.41 crore, up from Rs 16,668.11 crore in FY25. Total income for the year stood at Rs 20,075.87 crore, reflecting continued momentum across its retail formats.
Profit before tax came in at Rs 2,511.54 crore for the year, compared to Rs 2,076.62 crore a year earlier. After accounting for taxes of Rs 543.72 crore, net profit rose to Rs 1,967.82 crore, marking a clear improvement from Rs 1,584.84 crore in FY25.
For the March quarter, the company reported revenue of Rs 4,936.64 crore and total income of Rs 4,997.71 crore. Profit before tax stood at Rs 576.46 crore, while net profit came in at Rs 454.75 crore, up from Rs 349.92 crore in the same quarter last year.
On the cost front, total expenses for FY26 rose to Rs 17,538.54 crore, driven by higher stock purchases of Rs 11,170.44 crore and increased occupancy costs at Rs 1,652.69 crore. Employee benefit expenses also edged up to Rs 1,222.04 crore, reflecting continued expansion.
Operationally, the company maintained stable efficiency metrics. Operating margin improved to 11.88 per cent from 11.29 per cent, while net profit margin rose to 9.99 per cent from 9.51 per cent. The interest service coverage ratio stood strong at 16.76, indicating comfortable debt servicing capacity.
Trent’s balance sheet also strengthened during the year. Net worth increased to Rs 7,702.80 crore from Rs 5,914.40 crore, while total assets expanded to Rs 12,225.71 crore. The debt-to-equity ratio improved to 0.33 from 0.38, signalling a more balanced capital structure.
Cash flow from operations rose to Rs 2,630.19 crore, compared to Rs 1,668.26 crore in the previous year, even as the company continued to invest in expansion, with capital expenditure and investments weighing on investing cash flows.
With consistent growth across revenue, profitability, and margins, Trent’s FY26 performance suggests a retailer scaling steadily ringing up gains not just at the checkout, but across the balance sheet.
