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Trent shares slide 3% after Q1. What Morgan Stanley, four other brokerages recommend
Trent shares fell 3% after the Tata Group retailer reported a 21% year-on-year rise in Q1 consolidated net profit to Rs 519 crore. Revenue from operations grew 18% to Rs 5,755 crore. On a sequential basis, net profit increased 25% and revenue rose 14%, although the stock came under pressure despite the earnings growth.
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economictimes.indiatimes.com
Trent Q1 Results: Profit rises 21% YoY to Rs 519 crore; revenue up 18%
Trent Q1 Results: Trent reported a 21% year-on-year rise in Q1 consolidated net profit to Rs 519 crore, while revenue grew 18% to Rs 5,755 crore. The retailer expanded its store…
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thehindubusinessline.com
Trent posts higher quarterly profit on Westside, Zudio expansion
Trent reports 22% profit rise, driven by Westside and Zudio expansion into smaller cities amid rising raw material costs.
