Stay updated with breaking news from Trent results. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Helped by strong momentum in sales, Tata Group owned retail firm Trent Ltd reported a two-fold rise in consolidated net profit to Rs 370.64 crore during December quarter from Rs 154.81 crore in a year ago period. ....
Trent s profit increased from Rs 160.9 crore to Rs 343.6 crore over the year and the revenue to Rs 3312.4 crore (Rs 2171.5 crore). Trents earnings before interest, tax, depreciation, and amortization (EBITDA) during the quarter jumped 86% year-on-year to Rs 623.15 crore. ....
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. ....