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Trent reports over three fold jump in Q1 net profit

07 Aug 2014 Evaluate

Trent has reported results for first quarter ended June 30, 2014.

The company has reported over three fold jump in its net profit at Rs 61.12 crore as compared to Rs 17.35 crore for the quarter ended June 30, 2013. Its total income from operations has increased by 27.57% to Rs 322.00 crore for the quarter under review from Rs 252.40 crore for the corresponding quarter of the previous year.

Trent is part of the Tata Group and is engaged in business of retailing. Trent acquired 76% stake in Landmark, one of the largest books and music retail chains in the India.

Peers
Company Name CMP
Avenue Supermarts 3681.10
Trent 2731.00
Vishal Mega Mart 100.20
PN Gadgil Jewellers 611.55
Aditya Birla Life 83.02
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