Trent Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 07, 2023 at 03:36 am EST
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Trent Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 29,824.2 million compared to INR 19,527.4 million a year ago. Revenue was INR 30,624.7 million compared to INR 20,226.6 million a year ago. Net income was INR 2,347.3 million compared to INR 930.2 million a year ago. Basic earnings per share from continuing operations was INR 6.6 compared to INR 2.62 a year ago. Diluted earnings per share from continuing operations was INR 6.6 compared to INR 2.62 a year ago.
For the six months, sales was INR 56,107.9 million compared to INR 37,558.9 million a year ago. Revenue was INR 57,428.6 million compared to INR 38,696.4 million a year ago. Net income was INR 4,082.1 million compared to INR 2,235.3 million a year ago. Basic earnings per share from continuing operations was INR 11.48 compared to INR 6.29 a year ago. Diluted earnings per share from continuing operations was INR 11.48 compared to INR 6.29 a year ago.
Trent Limited is an India-based company, which is engaged in the business of retailing / trading of merchandise. The Company is engaged in retailing / trading of apparels, footwear, accessories, toys, games others. It operates through Westside, Zudio, Utsa, StarHypermarket, Landmark, Misbu / Xcite, Booker Wholesale and ZARA retail formats. Its flagship format, Westside offers apparel, footwear and accessories for men, women, and children, along with furnishings, decor, and a range of home accessories. Its family entertainment format, Landmark offers a range of toys, front list books and sports merchandise. Its value retail format, Zudio caters to apparels and footwear for men, women, and children. Its modern Indian lifestyle format, Utsa offers ethnic apparel, beauty products and accessories. The Company's hypermarket and supermarket store chain operating under Star Market concept offers an assortment of products, including staples, beverages, health, and beauty products.