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Trent reports over 2- fold jump in Q2 consolidated net profit

07 Nov 2023 Evaluate

Trent has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported 55.86% rise in its net profit at Rs 289.67 crore for the quarter under review as compared to Rs 185.85 crore for the same quarter in the previous year. Total income of the company increased by 53.50% at Rs 3041.80 crore for Q2FY24 as compared to Rs 1981.63 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported over 2- fold jump in its net profit at Rs 228.06 crore for Q2FY24 as compared to Rs 78.94 crore for the same quarter in the previous year. Total income of the company increased by 51.41% at Rs 3062.47 crore for Q2FY24 as compared to Rs 2022.66 crore for the corresponding quarter previous year.

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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