Trent Ltd announces Q1 FY22 results equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
The contents of this announcement, which has been prepared by and is the sole responsibility of the Company, have been approved by Liberum solely for the purposes of section 21(2)(b) of the Financial Services and Markets Act 2000. The release, publication or distribution of this announcement in jurisdictions other than the United Kingdom may be restricted by law and persons into whose possession this announcement comes should inform themselves about and observe any relevant restrictions. In particular, this announcement is not for release, publication or distribution, directly or indirectly, in, into or from the United States, Canada, Australia, the Republic of South Africa, the Republic of Ireland, New Zealand or Japan.
Trent Retail posts ₹29-cr profit in Q4
May 03, 2021
Revenues rises 7% to ₹906 crore Tata’s Trent Retail profit after tax as attributable for Q4 of FY21 was ₹29 crore compared to ₹13 crore in Q4 FY20 thus, recording a 123 per cent increase from the previous fiscal. The consolidated revenues of ₹906 crore was a growth of 7 per cent over the corresponding previous period.
However, it has reported a net loss of ₹181 crore for FY21, compared to a profit of ₹105-crore profit in the previous fiscal. Its revenue from operations for FY21 dropped to ₹2,592.95 crore from ₹3,485.97 crore the previous fiscal. This comes even as the company has reduced its expenses by 15 per cent.
Trent Limited announces Q4FY21 results equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.