Trent Ltd

Trent said, the Star business with tight footprint stores and focus on fresh foods & own brands offering continue to witness improved customer traction with growing sales densities.

Tata Group retail arm Trent on Thursday reported an on-year 41 per cent jump in standalone net income at Rs 193 crore in the September quarter, driven by robust revenue. Revenue, including GST, rose 78 per cent to Rs 1,929 crore, which is the highest ever for a quarter, the company said in a statement. On a consolidated level, revenues rose 66 per cent to Rs 1,952 crore and the company earned a net income of Rs 93 crore in the second quarter of the current fiscal. Trent's Chairman Noel Tata said their fashion concepts have once again displayed encouraging growth momentum in the second quarter and the company continues to expand its reach and reinforce its lifestyle offerings across concepts, categories and channels. Trent operates five brands/formats -- the flagship premium Westside; the value format fashion destination Zudio; the food, grocery and daily needs segment under Trent Hypermarket and also under the Star banners, and the family entertainment format store Landmark ...

In the past 5 trading sessions alone, the share price of Trent Ltd has jumped 11 per cent. On NSE, Trent rose 4.63 per cent to close at Rs 1,475.30, on Wednesday

In the past one week, the stock has rallied 11 per cent after the company reported strong earnings for Q1FY23 with industry best revenue growth and strong beat on almost all parameters

Analysts believe that the Indian retail sector is on the 'cusp of accelerated earnings growth' as consumer sentiment, and discretionary purchases bounce back from Covid-19 pandemic

Shoppers Stop is expected to rise 15 per cent, while Avenue Supermarts, may decline on breakdown of support.

Tata group retail firm Trent Ltd on Tuesday reported a consolidated net profit

Shares of Tata Motors DVR were locked at the 20 per cent upper circuit, while Tata Motors too surged nearly 20 per cent in intra-day trade on the BSE today

Trent will continue to focus on building out differentiated brands and accelerating its reach through stores and digital platforms, said Noel Tata

Easing of lockdown restrictions, festival demand and jump in online sales aided the sales performance

In the first nine months of financial year 2019-20 (FY20), Trent is estimated to have added 60 Zudio stores

On a weekly basis, both Sensex and Nifty gained nearly 4 per cent each

Net profit of the company increased 21.5 per cent YoY to Rs 54 crore against Rs 44 crore in the year-ago quarter.

Valuation is at a sharp premium to its peers; top line growth is expected to be strong

Affordable pricing, contemporary designs and efficient supply chain keep cash registers ringing

The proceeds may also be utilised to address existing borrowings and other general corporate purposes of the company