Trent Limited Reports Earnings Results for the Second Quarter Ended September 30, 2020
November 05, 2020 at 11:19 am EST
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Trent Limited announced earnings results for the second quarter ended September 30, 2020. For the second quarter, the company announced total revenue was INR 6,225.764 million compared to INR 8,983.48 million a year ago. Net loss was INR 715.954 million compared to net income of INR 185.958 million a year ago. Basic loss per share from continuing operations was INR 2.01 compared to basic earnings per share from continuing operations of INR 0.54 a year ago. For the half year, total revenue was INR 9,256.248 million compared to INR 17,222.515 million a year ago. Net loss was INR 2,491.264 million compared to net income of INR 562.081 million a year ago. Basic loss per share from continuing operations was INR 7.01 compared to basic earnings per share from continuing operations of INR 1.66 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.