Key Points
New Delhi:Retailer Trent Ltd., part of the Tata Group, reported a 44% jump in June quarter profit to 148.27 crore from the 102.6 crore reported in the year ago period...
Standalone revenue from operations grew 53.4% from 1,652.86 crore reported in they ago period to 2,536.43 crore, the company said in a filing to the exchanges..
Trent witnessed encouraging revenue growth during Q1FY24 amidst relatively subdued market conditions..
Trent operates a range of fashion retail storesas of 30th June 2023, the companys portfolio included 221 Westside, 388 Zudio and 23 stores across other lifestyle concepts..
Meanwhile, commenting on business across categories Trent said emerging categories including beauty and personal care, innerwear and footwear continued to gain traction with customers..
You might be interested in
Tata Consumer Q2 Results: Profit rises 3% YoY to Rs 338 crore; revenue up 11%
31, Oct, 23Revenue from operations during the reporting second quarter jumped 11% year-on-year (YoY) to Rs 3,734 crore. The same was at Rs 3,363 crore in the last year quarter. The revenue growth was driven by an underlying growth of 11% in the India business, 8% in the International business, and 3% in the non-branded business.
Piramal Pharma revenue up 11% to ₹1,911 crore in Q2
28, Oct, 23Consolidated profit after tax came in at ₹5 crore in the quarter, as against a loss in the corresponding quarter last year
Noel Tata-led Trent charts expansion plan riding private label-only model
05, Jan, 24The company's revenues climbed substantially over the past five years, to ₹8,242 crore in FY23 from ₹2,157 crore in FY18. Concurrently, the net profit surged nearly five-fold to ₹394 crore. The stock has sparkled, too. Last year, Trent more than doubled in value, outpacing the 20% returns for the Nifty50. Over a two-year span, the stock nearly tripled, while the Nifty climbed 27% in the period.
Jubilant FoodWorks’ Q3 profit slips 18%
01, Feb, 24Jubilant FoodWorks Ltd's Ebitda for the quarter was ₹280 crore, a decrease of 2.2%. The company reported sustained growth in delivery, highest ticket in nine quarters, and cost optimization for investments behind category development.
Tata Consumer Q4 results: Net profit rises 23% y-o-y to Rs 269 crore, revenue up 14%
25, Apr, 23Its international business, Tata Consumer said, recorded 11% revenue growth (1% ex-acquisitions) in constant currency terms, with Ebitda in line with last year.
Tatas line up over Rs 7,600 crore to fund its electronics business
31, May, 23As per filings made to the Registrar of Companies (RoC), Tata Electronics received over ₹608 crore capital infusion in 2022-23 from its holding company Tata Sons - the highest in a single financial year, taking the total capital infusion till now to ₹1,820 crore in last three years since it was started. The authorised capital of the company is ₹2,000 crore.
Reliance Q1 profit falls 6% to ₹18,258 crore on higher costs
22, Jul, 23India Business News: MUMBAI: Reliance Industries (RIL) reported a decline in the first quarter’s profit and revenue due to higher expenses and lower price realisations fro.
Wipro Q2 Results: Net profit rises just 0.7% YoY to Rs 2,667 crore
18, Oct, 23Wipro's Q2 consolidated revenue from operations for the said quarter stood at Rs 22,515.90 crore which was up by just 0.10% versus Rs 22,539.70 crore reported by the company in the year-ago period. Wipro's Q2 profit and revenue missed ET NOW poll estimates of Rs 2,800 crore and Rs 22,810 crore, respectively.
Tata Steel net profit falls 84 pc to Rs 1,566.24 crore in Q4
02, May, 23The board of the company also recommended a dividend of Rs 3.60 per equity share of Re 1 each to the shareholders for FY23, the filing said.
DMart Q2 Update: Revenue rises 18% YoY to Rs 12,308 crore, store count at 336
03, Oct, 23The company's revenue stood at Rs 10,384 crore in the same period last year. On a sequential basis, revenues rose 6% from Rs 11,584 crore clocked in the preceding June quarter.