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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 network to over 1,300 outlets across 330 cities, opening 23 stores during the quarter. It expects the pace of new store additions to remain broadly consistent over the coming year.
Trent Q1 Results: Profit rises 21% YoY to Rs 519 crore; revenue up 18%
Impact Score
Market Sentiment
↑BullishPrimary Sectors
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 network to over 1,300 outlets across 330 cities, opening 23 stores during the quarter. It expects the pace of new store additions to remain broadly consistent over the coming year.
Key Highlights
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 network to over 1,300 outlets across 330 cities, opening 23 stores during the quarter.
It expects the pace of new store additions to remain broadly consistent over the coming year..
Source
Economic Times
Published
4h ago
Impact Score
75 / 100
Category
Corporate Earnings
Positive near-term momentum expected in Corporate Earnings as market digests this development.
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