Revenue from operations rose 39.4 per cent to Rs 4,156.67 crore in Q2 compared to the same period last year
Noel is the half-brother of the late Ratan Tata, and was already a key trustee of the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust
Noel Tata Chairman Tata Trusts: At 1:44 PM, Trent share price was ruling 2.8 per cent higher, Tata Chemicals share price was up 2.35 per cent, Tata Steel 0.7 per cent, and Tata Motors 0.17 per cent
Noel entered the Tata Group in 1999, taking over the retail arm, Trent, and was later elevated to chairman in 2014
In Q2FY25, Dixon Technologies; revenue may rise 91 per cent Y-o-Y on robust growth in mobiles & new acquisition, according to analysts at Elara Capital
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.
If this happens, Bajaj Finance will be the sole remaining Bajaj group stock in the 30-share Sensex, following the removal of Bajaj Auto in December 2021
Trent share price hit a new high of Rs 7,325 in the intraday trade, zooming 261% in the past 10 months
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
Multibagger stocks: Trent share price has rallied more than 100 per cent for a second straight calendar year
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
If added, both stocks could receive passive inflows in excess of Rs 3,000 crore
Sharp decline in interest costs (lease-related) and higher income from associates (including Zara) helped growth in net profit, which was ahead of estimates
Trent stock price update: Shares of Trent hit a new high of Rs 4,669.95 as they rallied 7 per cent on the BSE in Tuesday's intraday trade
Tata Group retail firm Trent Ltd on Wednesday reported a two-fold rise in consolidated net profit to Rs 370.64 crore for the third quarter ended December 2023, helped by strong momentum in sales and improved margins. The company had posted a consolidated net profit of Rs 154.81 crore a year ago, Trent Ltd said in a regulatory filing. Trent Ltd operates retail stores under the brand name Westside, Zudio and Star. Its consolidated revenue from operations surged 50.5 per cent to Rs 3,466.62 crore during the quarter under review. It was Rs 2,303.38 crore in the year-ago period, it added. Trent's total expenses rose 41.64 per cent in the December quarter to Rs 3,101.44 crore. "Across formats, we continued to register consistent growth, serving as a reaffirmation of our strategic choices. Our operating discipline, coupled with a focus on the speed of execution, supported our expansion agenda. Change in the revenue profile across formats remains aligned with our strategic objectives and
The Tata Group-owned company reported a consolidated net profit of Rs 371 crore (about $45 million) for the three months ended Dec. 31, from Rs 155 crore a year earlier
In CY19, Trent Ltd had rallied 46%, followed by 31% surge in CY20, 55% in CY21, and 27% in CY22
Trent on Tuesday reported a strong 55.6 per cent year-on-year (YoY) jump in its Q2 standalone net profit to Rs 289.70 crore
Tata-owned fashion retailer's P/E ratio at 150 times is far ahead of DMart's 101 times