Page 4 - Trent Ltd

Trent Q4 results: Profit sees multi-fold jump at Rs 712 cr, sales up 51%

Tata group's retail arm Trent Ltd on Monday reported a multi-fold increase in consolidated net profit at Rs 712.09 crore for the fourth quarter ended March 2024, helped by exceptional item gains. The company had posted a consolidated net profit of Rs 44.95 crore in the January-March quarter a year ago, according to a regulatory filing from Trent Ltd, which operates retail stores under the brand names -- Westside, Zudio and Star. Its consolidated revenue from operations was up 51 per cent to Rs 3,297.70 crore during the quarter under review. It was at Rs 2,182.75 crore in the year-ago period, it added. During the quarter, Trent had a gain of Rs 576.07 crore as it "reassessed the estimates of measurement and recognition of the right of use assets including related security deposits and corresponding lease liabilities" of lease contracts for its store operations. Trent's total expenses were higher at 39.21 per cent in the March quarter to Rs 3,073.54 crore in FY24. "Given the account

This Tata Group stock has zoomed 210% in FY24; enters top 50 mcap list

The company's market cap crossed Rs 1.5 trillion mark for the first time to hit Rs 1.51 trillion in intraday trade today

Strong revenue growth, margin expansion ahead for retail major Trent

The stock markets' enthusiastic response to the results has driven the share up by 25 per cent in just two sessions

68 companies blaze a trail, capturing 56% of India's market; PSUs take lead

FORTUNE'S FAVOURED FEW: Sixty-eight companies blaze a trail, capturing 56% of India's market; PSUs take the lead

TCS, Tata Motors, Titan, IHCL: Track key levels for Tata Group stocks

Among the Tata Group stocks, shares of Tata Motors could potentially top the Rs 900-mark, while a select few could gain in the range of 15 - 19 per cent from present levels.

Street positive on Trent after a strong Q1 results, sales trajectory

Aggressive expansion and healthy like-for-like growth led to the third consecutive quarter of Rs 2,000 crore plus revenues

Trent rallies 5%, hits all-time high on healthy growth outlook

Thus far in the current calendar year 2023, the stock price of Trent has rallied 25 per cent, while in past one year it surged 53 per cent.

Trent stays on growth track, stock rises 18% in 3 months; hit margins in Q4

Higher costs and lower value segment, however, hit margins in Q4

Trent gains 7% on healthy revenue growth in December quarter

Trent said, the Star business with tight footprint stores and focus on fresh foods & own brands offering continue to witness improved customer traction with growing sales densities.

Trent's Q2 net profit jumps 41% to Rs 193 crore on robust revenue

Tata Group retail arm Trent on Thursday reported an on-year 41 per cent jump in standalone net income at Rs 193 crore in the September quarter, driven by robust revenue. Revenue, including GST, rose 78 per cent to Rs 1,929 crore, which is the highest ever for a quarter, the company said in a statement. On a consolidated level, revenues rose 66 per cent to Rs 1,952 crore and the company earned a net income of Rs 93 crore in the second quarter of the current fiscal. Trent's Chairman Noel Tata said their fashion concepts have once again displayed encouraging growth momentum in the second quarter and the company continues to expand its reach and reinforce its lifestyle offerings across concepts, categories and channels. Trent operates five brands/formats -- the flagship premium Westside; the value format fashion destination Zudio; the food, grocery and daily needs segment under Trent Hypermarket and also under the Star banners, and the family entertainment format store Landmark ...

Tata Group's Trent Ltd enters list of 100 most valued companies in India

In the past 5 trading sessions alone, the share price of Trent Ltd has jumped 11 per cent. On NSE, Trent rose 4.63 per cent to close at Rs 1,475.30, on Wednesday

Trent enters top-100 most-valued firms' club; m-cap crosses Rs 50,000 crore

In the past one week, the stock has rallied 11 per cent after the company reported strong earnings for Q1FY23 with industry best revenue growth and strong beat on almost all parameters

Despite biting inflation, analysts bullish on retail stocks for long haul

Analysts believe that the Indian retail sector is on the 'cusp of accelerated earnings growth' as consumer sentiment, and discretionary purchases bounce back from Covid-19 pandemic

Trent, DMart: Retail stocks resilient amid market volatility; time to buy?

Shoppers Stop is expected to rise 15 per cent, while Avenue Supermarts, may decline on breakdown of support.

Trent posts Rs 80-cr profit for Q2; revenue sees 2-fold jump to Rs 1,178 cr

Tata group retail firm Trent Ltd on Tuesday reported a consolidated net profit

Tata Group stocks on a roll, rally up to 20%; here's why

Shares of Tata Motors DVR were locked at the 20 per cent upper circuit, while Tata Motors too surged nearly 20 per cent in intra-day trade on the BSE today

Consumer demand may rebound strongly in Q2: Trent chairman Noel N Tata

Trent will continue to focus on building out differentiated brands and accelerating its reach through stores and digital platforms, said Noel Tata

Sales recovery, margin expansion mark Q3 revival for retail major Trent

Easing of lockdown restrictions, festival demand and jump in online sales aided the sales performance

Zudio the new engine driving retail giant Trent's revenue growth

In the first nine months of financial year 2019-20 (FY20), Trent is estimated to have added 60 Zudio stores

Market Wrap, Feb 7: Sensex slips 164 pts, Nifty ends below 12,100-mark

On a weekly basis, both Sensex and Nifty gained nearly 4 per cent each