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Investegate announcements from RECOMMENDED CASH ACQUISITION OF LOK’N STORE
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Ratan Tata’s brother Noel Tata’s company Tata Trent has launched its new traditional Indian clothing brand Samoh, which will give tough competition to Manyavar and Isha Ambani’s Reliance Trends.
Operations adversely impacted due to COVID-led disruptions: Tata Group retail firm Trent SECTIONS Last Updated: May 07, 2021, 11:24 PM IST Share Synopsis "Our revenues from retailing of non-food merchandise have been substantially and adversely impacted. Nevertheless, the business has continued to incur committed expenditures especially with respect to our employees and other expenditures not directly linked to revenues," said Trent in a regulatory filing. (Representational image) Trent Ltd on Friday said its operations have been adversely impacted since mid-March due to disruptions caused by...
Trent reported a 441% jump in consolidated net profit to Rs 17.44 crore on 7.4% rise in net sales to Rs 905.55 crore in Q4 FY21 over Q4 FY20.Consolidated pre-tax profit stood at Rs 39.87 crore in Q4 FY21 compared with pre tax loss of Rs 36.66 crore registered in Q4 FY20. The result was announced after market hours on Friday, 30 April 2021. On a standalone basis, Trent registered net profit Rs 56.88 crore in Q4 FY21, steeply higher than Rs 2.61 crore posted in Q4 FY20. Net sales grew by 7% year on year to Rs 773.68 crore in Q4 FY21. During the initial months of the quarter, Trent said that the...