Trent Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2020
May 22, 2020 at 12:50 pm EDT
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Trent Limited announced earnings results for the fourth quarter ended March 31, 2020. For the fourth quarter, the company announced total revenue was INR 8,805.436 million compared to INR 7,039.312 million a year ago. Net income was INR 127.262 million compared to net loss of INR 43.612 million a year ago. Basic earnings per share was INR 0.36 compared to basic loss per share of INR 0.13 a year ago. For the full year, total revenue was INR 36,304.820 million compared to INR 26,710.636 million a year ago. Net income was INR 1,227.768 million compared to INR 969.625 million a year ago. Basic earnings per share was INR 3.53 compared to INR 2.92 a year ago.
Trent Limited is an India-based company, which is engaged in the business of retailing / trading of merchandise. The Company is engaged in retailing / trading of apparels, footwear, accessories, toys, games others. It operates through Westside, Zudio, Utsa, StarHypermarket, Landmark, Misbu / Xcite, Booker Wholesale and ZARA retail formats. Its flagship format, Westside offers apparel, footwear and accessories for men, women, and children, along with furnishings, decor, and a range of home accessories. Its family entertainment format, Landmark offers a range of toys, front list books and sports merchandise. Its value retail format, Zudio caters to apparels and footwear for men, women, and children. Its modern Indian lifestyle format, Utsa offers ethnic apparel, beauty products and accessories. The Company's hypermarket and supermarket store chain operating under Star Market concept offers an assortment of products, including staples, beverages, health, and beauty products.