Trent Q2 net profit up 37 pc at Rs 29 cr

Tata group retail firm Trent Ltd today reported an increase of 37.05 per cent in its standalone net profit at Rs 29 crore for the September quarter of the current fiscal.
The company had posted a standalone net profit of Rs 21.16 crore in the July-September quarter of the last fiscal, the company said in a BSE filing.
Its total income during the quarter under review stood at Rs 533.75 crore, up 15.30 per cent, as against Rs 462.90 crore in the corresponding quarter of the last fiscal.
Trent's total expense in the second quarter of the financial year 2017-18 stood at Rs 490.95 crore, up 13.34 per cent as against Rs 433.14 crore in the similar period of the previous fiscal.

Shares of Trent Ltd today settled 0.53 per cent higher at Rs 310.10 apiece on BSE.