Shares of Trent on Friday surged over 7 per cent to hit a fresh 52-week high of Rs 638 apiece on the BSE after the company announced third quarter results of the financial year 2019-20 (FY20).
The company's consolidated revenue from operations jumped 45 per cent year-on-year (YoY) to Rs 988 crore. Total income during the quarter came in at Rs 1,028 crore, up 49 per cent YoY.
Net profit of the company increased 21.5 per cent YoY to Rs 54 crore against Rs 44 crore in the year-ago quarter.
Earnings per share (EPS) of the company stood at Rs 1.52 against Rs