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Trent reports 32% fall in Q3 net profit

30 Jan 2015 Evaluate

Trent has reported results for third quarter ended December 31, 2014.

The company has reported a fall of 31.76% in its net profit at Rs 16.03 crore for the quarter under review as compared to Rs 23.49 crore for the same quarter in the previous year. However, total income of the company has increased 24.95% at Rs 367.66 crore for Q3FY15 as compared Rs 294.25 crore for the corresponding quarter previous year.

The Scheme of Amalgamation of Landmark, Fiora Link Road Properties and Trexa Admc with the company as approved by the Court of Judicature at Bombay vide its order dated March 21, 2014, has become effective on April 23, 2014 upon obtaining all sanctions and approvals as required under the scheme and upon filing of certified true copies of the order with the Registrar Of Companies, Maharashtra. The appointed date of the scheme is April 01, 2013. Pursuant to the scheme becoming effective, the entire business including all assets, liabilities, duties and obligations of Landmark, Fiora and Trexa have been vested in the company with effect from April 01, 2013. The effect of the merger has been given in the accounts in the quarter ended March 31, 2014. Accordingly, the results of the Company for the quarter and period ended December 31, 2014 include the results of Landmark, Fiora and Trexa and are not comparable with the corresponding quarter and period of the previous year which do not include results of Landmark, Fiora and Trexa.

Trent Share Price

4105.95 21.65 (0.53%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Avenue Supermarts 4629.25
Trent 4105.95
Vishal Mega Mart 118.90
Aditya Birla Lifesty 105.86
PN Gadgil Jewellers 667.45
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