Tata group firm Trent Ltd today reported 24.61% increase in its stand-alone net profit for the quarter ended June 30 at Rs 12.76 crore.
The company had posted a net profit of Rs 10.24 crore in the corresponding period last year, Trent said in a filing to the BSE.
The standalone net income of the company during the first quarter also went up by 22.56% to Rs 218.71 crore from Rs 178.45 crore in the year-ago period, it added.
The shares of the company today closed 2.25% down at Rs 985.50 apiece on the BSE.