TRENT PROFIT GROWTH

Milind Karmarkar on two sectors that may outperform in Modi 3.0

Power utilities have already done well and possibly they will continue to do well because there is growth in that sector. So, many of these companies are putting in new power plants and things like that. So, there is definitely growth in that sector.

Trent plans global retail push after acing it in India

Noel Tata-led Trent is venturing into international markets with a flagship store in Dubai, targeting the Indian diaspora. Zudio, a key brand, has surpassed ₹7,000 crore in revenue in India. The company experienced another year of substantial growth in FY24, with net sales increasing by 50% to ₹12,375 crore and net profit nearly quadrupling to ₹1,477 crore.

Trent shares down 1.39% as Nifty gains

A total of 9,124 shares changed hands on the counter till 01:38PM (IST).

Share price of Trent falls as Sensex drops 400.0 points

Promoters held 37.01 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 26.8 per cent and 8.72 per cent, respectively.

Retail cos, QSRs expand at slowest pace in 5 years

Retailers and quick-service restaurant chains in India experienced the slowest pace of store expansion in five years at 9%, with 33,219 stores as of March 31. In FY23, the number was 30,551, up 18% from the previous year. These companies added 2,700 stores, averaging 7 a day, but that's nearly half compared to 13 doors each day in FY23. Retail sales growth rate fell year-on-year every month in the previous fiscal, reflecting weak consumer sentiment across segments like apparel, footwear, and QSR.

Trent shares up 0.2% as Nifty gains

A total of 1,824 shares changed hands on the counter till 11:05AM (IST).

These 4 cos with over 15% sales, profit growth in last 4 quarters become multibaggers

Trent shares fall 0.72 per cent in Monday's trading session

The Relative Strength Index of the stock stood at 69.08 on Monday.

These 5 Tata group companies see highest PAT growth in Q4. Do you own any?

Nearly 18 Tata group companies have reported their March quarter earnings so far. Of these, ETMarkets.com analysed stocks that have done the best in terms of profit growth on a year-on-year (YoY) basis. Take a look! (Data Source: ACE Equity | Ritesh Presswala)

Growth gets thinner for Zara as competition grows in size

Zara has been a runaway success since its arrival in the country more than a decade ago but after initially doubling sales every two years, the brand's rate of expansion had come down in the past few years. "The market is very competitive, and the challenges are real. Nevertheless, the opportunity pool and the size of the market means that there is space for multiple successful players. Trent remains well placed to navigate this next phase of growth by leveraging our platform and growth engines," P Venkatesalu, chief executive officer at Trent, said in the report.

Share price of Trent jumps as Sensex gains 291.58 points

A total of 15,547 shares changed hands on the counter till 01:23PM (IST)

Dare to buy these 8 multibagger stocks trading above 100 PE multiples?

Zomato, CarTrade Tech, Olectra Greentech, Waaree Renewable Technologies, JBM Auto, ABB India, Trent, and Godrej Properties are high PE stocks showing multibagger returns. Consider using various valuation metrics and expert insights for informed investment decisions.

Trent shares down 0.36% as Nifty drops

A total of 11,524 shares changed hands on the counter till 10:55AM (IST).

Trent, BSE among 6 stocks that got upgraded and downgraded this week

With the March quarter earnings season in full swing, brokerages are actively monitoring quarterly performance of companies. During the week, at least 5 stocks earned downgrades while Trent got an upgrade. Here’s the full list:

Share price of Trent falls as Sensex drops 1016.28 points

Promoters held 37.01 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 26.8 per cent and 8.72 per cent, respectively.

Trent shares rally 6% after posting a 5-fold jump in Q4 profit. Should you buy them?

The five times jump in profits was largely due to the exceptional items income of Rs 543.35 crore in the quarter which was not there in the corresponding quarter of last year.

Hot Stocks: Brokerage view on UltraTech Cement, KPIT Tech, PNB Housing and Trent

The company delivered a strong performance, quite like Tata, but disclosures are quite unlike. Confidence seems high, which is reflected in the proposed (cash) 3Y incentive scheme for eligible staff.

Trent Q4 Results: Net profit surges five times to Rs 654 crore on exceptional income of Rs 543 crore

In its filing, Trent said that this exceptional income is because the company had entered into a substantial number of lease contracts for store operations. The company reassessed the estimates of assets and lease liabilities, which resulted in an exceptional gain for the quarter amounting to Rs 543.35 crore.

Trent Q4 Results: Net profit soars multifold to Rs 712 crore, dividend declared at Rs 3.2/share

​Fashion and lifestyle player Trent on Monday reported a multifold jump in consolidated net profit at Rs 712 crore for the quarter ended March 31, 2024. The profit stood at Rs 45 crore in the corresponding quarter last fiscal.

Share price of Trent falls as Sensex gains 637.16 points

Promoters held 37.01 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 26.8 per cent and 8.72 per cent, respectively.

Trent shares down 0.12% as Nifty gains

A total of 217,068 shares changed hands on the counter till 01:53PM (IST).

Trent shares up 3.23% as Nifty gains

A total of 27,167 shares changed hands on the counter till 10:15AM (IST).

Tata’s Trent doubles its net profit in Q3

Trent's profit increased from Rs 160.9 crore to Rs 343.6 crore over the year and the revenue to Rs 3312.4 crore (Rs 2171.5 crore). Trent’s earnings before interest, tax, depreciation, and amortization (EBITDA) during the quarter jumped 86% year-on-year to Rs 623.15 crore.