Trent Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 07, 2024 at 02:31 am EST
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Trent Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 34,666.2 million compared to INR 23,033.8 million a year ago. Revenue was INR 39,469.5 million compared to INR 23,652.4 million a year ago. Net income was INR 3,743.6 million compared to INR 1,670 million a year ago. Basic earnings per share from continuing operations was INR 10.53 compared to INR 4.7 a year ago. Diluted earnings per share from continuing operations was INR 10.53 compared to INR 4.7 a year ago.
For the nine months, sales was INR 90,774.1 million compared to INR 60,592.7 million a year ago. Revenue was INR 92,898.1 million compared to INR 62,348.8 million a year ago. Net income was INR 7,825.7 million compared to INR 3,905.3 million a year ago. Basic earnings per share from continuing operations was INR 22.01 compared to INR 10.99 a year ago. Diluted earnings per share from continuing operations was INR 22.01 compared to INR 10.99 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.