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Trent Q1 net profit rises 25%

The standalone net income of the company during the first quarter also went up by 22.56%

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Press Trust of India New Delhi

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.

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First Published: Jul 27 2012 | 6:55 PM IST

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