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Trent shares crash 10% after Q1 update comes below estimates; revenue rises 19%
Trent share price plunged 10% after reporting a 19% revenue increase for the June quarter. The company's fashion retail business and store expansion supported this revenue growth. Trent's retail portfolio now includes 1,312 stores, with Zudio being the largest network. Previous financial results showed a 26% net profit rise for the March quarter. The company's stock has seen gains over six months but is down year-on-year.
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economictimes.indiatimes.com
Trent Q1 Update: Standalone revenue rises 19%, driven by Zudio expansion
Trent reported 19% year-on-year standalone revenue growth to Rs 5,666 crore in Q1FY27, driven by rapid Zudio expansion. The retailer ended June with 1,312 stores, including 982…
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Trent shares crash 10% after Q1 update comes below estimates; revenue rises 19%
Trent share price plunged 10% after reporting a 19% revenue increase for the June quarter. The company's fashion retail business and store expansion supported this revenue growth.…
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Rs 18,000 crore crash in Trent shares explained, and should you buy the dip
Trent shares fell sharply on Tuesday, erasing nearly Rs 18,000 crore in market value, after its Q1 revenue growth of 19% missed Street estimates. While weak store productivity and…
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cnbc.com
India fashion retailer Trent tumbles 11% as revenue growth disappoints
Shares of one of India's biggest fashion retailers, Trent, fell over 10% after the company reported weak earnings growth.
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thehindubusinessline.com
Trent shares drop 11% on weak Q1 revenue growth
Trent shares plunge 11% after disappointing Q1 revenue growth, triggering heavy selling pressure and market concerns.
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newsbytesapp.com
Nearly ₹18,000cr gone! Why Trent shares crashed today
Trent shares nosedived after Q1 revenue growth of 19% missed expectations, sparking concerns over store productivity and expansion amid seasonal and structural challenges.