Trent’s June quarter performance looks untrendy as covid hit retail stores2 min read 14 Aug 2020, 11:24 AM IST
Investors will watch for sustainable signs of recovery during the festive season, but with consumer cutting discretionary spending, recovery could well be a gradual process
When Trent Ltd announced its March quarter results (Q4FY20) in May, the initial signs of covid-19 disruptions were visible. After all, stand-alone revenue growth had slowed to 8% in Q4FY20 from around 30% in the previous three quarters.
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