Page 2 - Tata Trent
Tata-owned Trent Q2 profit surges three fold, shares hit record high
Shares of Trent rose as much as 8.7% to a record high of Rs 2,427.1 after the results
 "Tata-owned Trent Q2 profit surges three fold, shares hit record high")
Trent logs 45% surge in consolidated net profit to Rs 166.67 cr in Q1
Tata group retail firm Trent Ltd on Wednesday reported a 45 per cent rise in consolidated net profit to Rs 166.67 crore for the first quarter ended June 30. The company had posted a consolidated net profit of Rs 114.93 crore in the same period of the last fiscal, Trent Ltd said in a regulatory filing. Its consolidated revenue from operations in the quarter under review was Rs 2,628.37 crore against Rs 1,803.15 crore in the year-ago period, it added. The total expenses were higher at Rs 2,494.69 crore compared to Rs 1,734.28 crore a year ago, the company said.
 "Trent logs 45% surge in consolidated net profit to Rs 166.67 cr in Q1")
In-store sales back in vogue: Apparel retailers see record revenues in Q2
Aditya Birla Fashion and Retail, Trent, Shoppers Stop, Arvind Lifestyle, and TCNS Clothing Company saw their revenues hitting an all-time high in the September quarter
 "In-store sales back in vogue: Apparel retailers see record revenues in Q2")
Trent's net profit zooms 79% to Rs 199 crore in December quarter
Tata Group's retail arm Trent, headed by Noel Tata, reported a 79 per cent jump in standalone net profit to Rs 199 crore for the December 2021 quarter.
 "Trent's net profit zooms 79% to Rs 199 crore in December quarter")
Radhakishan Damani, others sell 0.79% stake in Tata's Trent for Rs 202 cr
Radhakishan Damani, promoter of Avenue Supermarts, and persons acting in concert have trimmed stake in Tata group's retail arm, Trent, by selling shares for an estimated sum of over Rs 202 crore
 "Radhakishan Damani, others sell 0.79% stake in Tata's Trent for Rs 202 cr")
Trent outperforms peers in retail space with best in class growth
Valuations, however, are at a sharp premium compared to its peers
 "Trent outperforms peers in retail space with best in class growth")
Trent: Record store additions and private label sales to boost earnings
SSSG reflects the sales performance of stores in operations for at least a year, and hence is a good indicator of a company's revenue performance.
Tata group's Trent revamps online grocery operations, launches portal
The portal StarQuik will supply 10,000 grocery and household products, and home-deliver the items within three hours, says its website
 "Tata group's Trent revamps online grocery operations, launches portal")
Tata Trent raises Rs 100 crore to refinance upcoming repayments
The stock of Trent was trading at Rs 245 on the BSE in the afternoon trade
 "Tata Trent raises Rs 100 crore to refinance upcoming repayments")