Tata group firm Trent Ltd today reported 31.72% decline in standalone net profit at Rs 16.03 crore for the third quarter ended December 31, 2014-15.
The company had reported standalone net profit of Rs 23.48 crore in the October-December quarter of the last fiscal, Trent said in a filing to the BSE.
Its total income from operations during the quarter under review increased by 22.66% to Rs 346.43 crore as against Rs 282.43 crore of the same period last fiscal.
Trent stock closed at Rs 1,452.45, down 2.04%, on the BSE.