Trent Ltd., incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 47142.97 Crore) operating in Retail sector.
Trent Ltd. key Products/Revenue Segments include Readymade Garments, Other Operating Revenue and Rent for the year ending 31-Mar-2022.
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 1846.98 Crore, up 34.52 % from last quarter Total Income of Rs 1372.97 Crore and up 239.03 % from last year same quarter Total Income of Rs 544.79 Crore. Company reported net profit after tax of Rs 80.92 Crore in latest quarter.
The brokerage believes Trent is well-placed to perform well in post COVID-19 era, driven by its success in the ‘Westside’ concept (exclusive brands at competitive prices), the ramp-up of value fashion format ‘Zudio’, sustainable margins led by superior store metrics, supply chain optimization, diligent focus on cost rationalization, and a healthy balance sheet.
Promoters held 37.01 per cent stake in the company as of 30-Jun-2022, while FIIs owned 26.82 per cent, DIIs 14.58 per cent.
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