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Trent reports 18% rise in Q2 net profit

06 Nov 2015 Evaluate

Trent has reported results for second quarter ended September 30, 2015.

The company has reported 17.59% rise in its net profit at Rs 13.44 crore for the quarter ended September 30, 2015 as compared to Rs 11.43 crore for the same quarter in the previous year. The company’s total income has increased by 7.32% to Rs 396.40 crore for the quarter under review from Rs 369.35 crore for the corresponding quarter of the previous year.

Results for the half year ended September 2015 are not comparable with results of corresponding half year of the previous year which included net exceptional gain of Rs 70.10 crore. Exceptional income Rs 0.28 crore for the quarter ended September 30, 2015 represents write back of excess provision for contingency made in the prior years.


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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