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Trent reports 61% growth in Q1 net profit
Date: 12-08-2016Trent has reported results for first quarter ended June 30, 2016.
The company has registered 60.69% jump in its net profit at Rs 23.30 crore for the quarter as compared to Rs 14.50 crore for the same quarter in the previous year. Total income of the company increased by 15.87% at Rs 415.30 crore for quarter under review as compared to Rs 358.41 crore for the quarter ended June 30, 2015.
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.