Trent Ltd, a Tata Group retail firm, reported a 2x increase in net profit to Rs 391 crore for Q1 June 2024, up from Rs 166 crore a year ago. Revenue surged 56% to Rs 4,104 crore, while expenses rose 48.5% to Rs 3,704.61 crore. Trent opened 22 new stores and saw strong fashion and online sales growth. Shares closed 11.24% higher at Rs 6,276. This strong performance highlights growth potential for retail and e-commerce investors.
Trent Ltd 2X Profit to Rs 391 Crore
