Trent Limited, part of the Tata Group, posted a more than doubling of consolidated net profit for Q1 FY25 to Rs 392.60 crore as against Rs 173.48 crore for April-June quarter of this financial year. The results were far ahead of market estimates.
The topline growth of the company stood at 56 per cent at Rs 4,104.4 crore as against Rs 2,628.37 crore in the year-ago period.
Looking at the bottom line, Trent’s EBITDA for the quarter was at Rs 612.6 crore, and the EBITDA margin climbed to 14.91% from 13.93% in the same quarter a year ago. Shares of Trent jumped 6.5% to trade at Rs 6,010.9 on the NSE in the afternoon session on August 9 after the release of strong Q1 results.
News Desk
