Trent Ltd., a leading player in the retailing sector, has announced its financial results for the quarter ended December 31, 2023. The company delivered robust sales performance, driven by strategic expansion initiatives and enhanced customer engagement.
Financial Highlights:
Sales: Trent Ltd. reported sales of ?3,467 crores for Q3 FY24, showcasing a significant increase compared to both Q2 FY24 and Q3 FY23.
EBITDA: Earnings Before Interest, Taxes, Depreciation, and Amortization stood at ?629 crores, reflecting strong operational performance and efficiency.
PAT: Profit After Tax witnessed substantial growth, underscoring the company's effective cost management and operational strategies.
Trent Ltd.'s impressive sales growth reflects its successful retail expansion efforts and strong customer demand. With a focus on enhancing operational efficiency and profitability, the company is well-positioned to capitalize on emerging opportunities in the retailing sector.
Shares of Trent Limited was last trading in BSE at Rs. 3034.50 as compared to the previous close of Rs. 3025.95. The total number of shares traded during the day was 154900 in over 2183 trades.
The stock hit an intraday high of Rs. 3115.40 and intraday low of 3019.30. The net turnover during the day was Rs. 468882526.00. |
