Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Companies / Trent Q3 profit rises 14% to Rs37 crore
BackBack

Trent Q3 profit rises 14% to Rs37 crore

Trent's total income increased 14.88% to Rs440.71 crore for the fiscal third quarter, compared with Rs.383.63 crore a year ago

The shares of Trent Ltd, that operates Westside and Star Bazaar stores, rose 1.59% to close at Rs210.20 on Monday.Premium
The shares of Trent Ltd, that operates Westside and Star Bazaar stores, rose 1.59% to close at Rs210.20 on Monday.

Mumbai: Trent Ltd, a retail chain run by the Tata Group that operates Westside and Star Bazaar stores, Monday said net profit increased 14% to Rs37.22 crore in the quarter ended 31 December from Rs32.65 crore in the year-ago period.

Total income increased 14.88% to Rs440.71 crore for the fiscal third quarter, compared with Rs383.63 crore a year ago.

An analyst polled by Bloomberg had estimated a stand alone net profit of Rs24.50 crore and revenue of Rs422 crore.

The stock rose 1.59% to close at Rs210.20 on Monday while the BSE Sensex closed at 27117.34 points or 0.31% above its previous close.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 23 Jan 2017, 05:18 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App

Chat with MintGenie