Trent Q2 Results, Profit Up 47%: Trent Share Price Falls by 3%

Trent Q2 results FY25 disclosed a 46.92% year-on-year increase in the consolidated net profit. On the Trent Q2 results date which was November 7, 2024, the Trent Ltd share price closed at ₹6,505.50. On November 8, 2024, Trent Ltd share price opened at ₹6,550.

Trent Q2 Results FY25: Key Highlights

• Trent Q2 results pointed out that consolidated basis revenue (inc. other income) rose 37% to ₹4,204.65 crores in Q2 FY25 as against ₹3,062.47 crores in Q2 FY24.
• EBITDA margin declined to 16.43% from 17.52% same period last year. EBITDA was up by 28.77% to ₹690.99 crores.
• PAT was up by 46.92% to ₹335.06 crores as per the Trent quarterly results for Q2 FY25.
• Trent Ltd share price generated negative returns of 2.5% in the last 1 day as on November 8, 2024 (at 10:55).

Trent Q2 Results: Management Commentary

Mr. Noel N Tata, Chairman of Trent said that – “Consumer sentiment has remained relatively muted. This coupled with seasonality has meant that retail businesses have faced headwinds. In the forgoing context the team has delivered strong results across brands, concepts, categories and channels in Q2. The market opportunity associated with building brands and a pure play direct-to-customer business like ours remains immense. We continue to pursue our expansion programme and deepen our store presence with the aim of being ever closer and convenient to customers. Also, we seek to explore additional avenues of growth. It is in this context that we recently launched our first international Zudio store in the UAE and the Zudio Beauty concept in India. We have applied Trent’s playbook to the Star business and are witnessing strong customer traction. The success of own branded products augurs well for the Star business. We are confident that this business is well poised to shift gears and deliver substantial value to customers and shareholders.”

Highlighting the Trent Ltd share price performance, it has generated a negative return of 11.27% in the last 1 week (as on November 8, 2024). Keep exploring stocks and open demat account with SMC Global Securities. Stay tuned for the upcoming Nifty 50 companies quarterly results.

References
https://www.smctradeonline.com/research/equity-analysis/242
https://economictimes.indiatimes.com/trent-ltd/stocks/companyid-13456.cms

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