Trent Limited Reports Unaudited Standalone Earnings Results for the Second Quarter and Six Months Ended September 30, 2017
November 09, 2017 at 08:07 am EST
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Trent Limited reported unaudited standalone earnings results for the second quarter and six months ended September 30, 2017. For the quarter, the company reported revenue from operations of INR 5,220.779 million against INR 4,394.722 million a year ago. Total income was INR 5,337.587 million against INR 4,629.023 million a year ago. Profit before exceptional items and tax was INR 432.994 million against INR 297.581 million a year ago. Profit before tax was INR 432.994 million against INR 297.581 million a year ago. Net profit for the period was INR 290.094 million against INR 210.681 million a year ago. Earnings per basic and diluted share were INR 0.87 against INR 0.63 million a year ago.
For the six months, the company reported revenue from operations of INR 10,162.472 million against INR 8,346.537 million a year ago. Total income was INR 10,439.540 million against INR 8,724.394 million a year ago. Profit before exceptional items and tax was INR 994.505 million against INR 617.672 million a year ago. Profit before tax was INR 994.505 million against INR 617.672 million a year ago. Net profit for the period was INR 671.605 million against INR 443.672 million a year ago. Earnings per basic and diluted share were INR 2.02 against INR 1.34 million 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.