Tata Trent

Tata Group retail firm Trent Ltd on Thursday reported a 46.9 per cent growth in its consolidated net profit to Rs 335.06 crore for the second quarter ended September 2024. The company had posted a consolidated net profit of Rs 228.06 crore a year ago, according to a regulatory filing from Trent Ltd, which operates retail stores under the brands like Westside, Zudio and Star. Its consolidated revenue from operations increased 39.37 per cent to Rs 4,156.67 crore during the quarter under review. It was Rs 2,982.42 crore in the year-ago period, it added. Trent's total expenses rose 48.49 per cent to Rs 3,743.61 crore in the September quarter. As of September 30, Trent was operating 226 Westside, 577 Zudio and 28 stores across other lifestyle concepts, the company said in an earning statement. "During the quarter, we opened 7 Westside and 34 Zudio stores (including 1 in Dubai) across 27 cities. We also consolidated 9 Westside and 16 Zudio stores," it added. Its Chairman Noel N Tata sa

Revenue from operations rose 39.4 per cent to Rs 4,156.67 crore in Q2 compared to the same period last year

Trent shares hit a new high of Rs 7,939.90, following a 4% rally on the NSE after Citi initiated coverage on the stock with a 'Buy' rating and a target price of Rs 9,250.

Index provider NSE Indices on Friday announced fashion retailer Trent and state-owned Bharat Electronics (BEL) will replace Divi's Laboratories and LTI Mindtree in the flagship Nifty 50 index

Trent's addition to Nifty will take the total count of Tata group stocks in the 50-share index to six

Tata Group retail firm Trent Ltd on Friday reported a two-fold increase in consolidated net profit to Rs 391.21 crore for the first quarter ended June 2024. The company had posted a consolidated net profit of Rs 166.67 crore for April-June period a year ago, according to a regulatory filing from Trent Ltd, which operates retail stores under brand names Westside, Zudio and Star. Revenue from operations was up 56.15 per cent to Rs 4,104.44 crore during the quarter under review as against Rs 2,628.37 crore in the year-ago period, it added. Total expenses increased 48.49 per cent in the June quarter to Rs 3,704.61 crore. Total income was at Rs 4,150.40 crore, up 54.84 per cent year-on-year. As of June 30, Trent was operating 228 Westside, 559 Zudio and 36 stores across other lifestyle concepts, said an earning statement from the company. "During the quarter, we opened 6 Westside and 16 Zudio stores across 12 cities," it said adding "we continued to expand our footprint across all our

"The growing scale of our operations distinctly enables us to realise greater operating synergies," said Trent Chairman Noel N Tata

Shares of Trent rose as much as 8.7% to a record high of Rs 2,427.1 after the results

Tata group retail firm Trent Ltd on Wednesday reported a 45 per cent rise in consolidated net profit to Rs 166.67 crore for the first quarter ended June 30. The company had posted a consolidated net profit of Rs 114.93 crore in the same period of the last fiscal, Trent Ltd said in a regulatory filing. Its consolidated revenue from operations in the quarter under review was Rs 2,628.37 crore against Rs 1,803.15 crore in the year-ago period, it added. The total expenses were higher at Rs 2,494.69 crore compared to Rs 1,734.28 crore a year ago, the company said.

Aditya Birla Fashion and Retail, Trent, Shoppers Stop, Arvind Lifestyle, and TCNS Clothing Company saw their revenues hitting an all-time high in the September quarter

Tata Group's retail arm Trent, headed by Noel Tata, reported a 79 per cent jump in standalone net profit to Rs 199 crore for the December 2021 quarter.

Radhakishan Damani, promoter of Avenue Supermarts, and persons acting in concert have trimmed stake in Tata group's retail arm, Trent, by selling shares for an estimated sum of over Rs 202 crore

Valuations, however, are at a sharp premium compared to its peers

SSSG reflects the sales performance of stores in operations for at least a year, and hence is a good indicator of a company's revenue performance.

The portal StarQuik will supply 10,000 grocery and household products, and home-deliver the items within three hours, says its website

The stock of Trent was trading at Rs 245 on the BSE in the afternoon trade