TRENT

share price jumps after strong Q1 earnings; brokerages revise targets

Shares of Trent Ltd rose by nearly 2 per cent in early morning trade on August 7, following the company’s robust Q1 earnings report that lifted investor sentiment. At the time of filing this report (around 12:23PM) The Tata Group stock was seen trading at Rs 5,335 apiece on the NSE. This is Rs 21 or 0.40 per cent decline compared to previous closing price. Q1 profit up 9 per cent YoY, revenue rises 19 per cent The operator of popular fashion retail chains Zudio and Westside reported a 9 per cent year-on-year (YoY) rise in consolidated net profit at Rs 425 crore, compared to Rs 391 crore in the same quarter last year. Revenue for the quarter stood at Rs 4,883 crore, a 19 per cent increase YoY from Rs 4,104 crore in Q1FY25. On a sequential basis, Profit After Tax (PAT) jumped 36 per cent compared to Rs 312 crore in Q4FY25. Revenue also rose 16 per cent quarter-on-quarter, from Rs 4,217 crore.