Trent Limited Reports Standalone Unaudited Earnings Results for Third Quarter and Nine Months Ended Dec. 31, 2016
January 23, 2017 at 10:09 am
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Trent Limited reported standalone unaudited earnings results for third quarter and nine months ended Dec. 31, 2016. For the quarter, the company reported net sales/income from operations of INR 4,302.083 million, profit from operations before other income and finance costs and exceptional items of INR 385.373 million, profit from ordinary activities before tax of INR 444.897 million, net profit of INR 372.297 million or INR 1.12 per basic and diluted share before and after extraordinary items compared to the net sales/income from operations of INR 3,744.013 million, profit from operations before other income and finance costs and exceptional items of INR 252.186 million, profit from ordinary activities before tax of INR 390.51 million, net profit of INR 326.501 million or INR 0.98 per basic and diluted share before and after extraordinary items for the same quarter a year ago.
For the year to date, the company reported net sales/income from operations of INR 12,567.997 million, profit from operations before other income and finance costs and exceptional items of INR 811.617 million, profit from ordinary activities before tax of INR 1,062.569 million, net profit of INR 815.969 million or INR 2.46 per basic and diluted share before and after extraordinary items compared to the net sales/income from operations of INR 10,903.89 million, profit from operations before other income and finance costs and exceptional items of INR 624.534 million, profit from ordinary activities before tax of INR 883.125 million, net profit of INR 667.933 million or INR 2.01 per basic and diluted share before and after extraordinary items for the same period a year ago.
Trent Limited is an India-based company, which is engaged in the business of retailing / trading of merchandise. The Company is engaged in retailing / trading of apparels, footwear, accessories, toys, games others. It operates through Westside, Zudio, Utsa, StarHypermarket, Landmark, Misbu / Xcite, Booker Wholesale and ZARA retail formats. Its flagship format, Westside offers apparel, footwear and accessories for men, women, and children, along with furnishings, decor, and a range of home accessories. Its family entertainment format, Landmark offers a range of toys, front list books and sports merchandise. Its value retail format, Zudio caters to apparels and footwear for men, women, and children. Its modern Indian lifestyle format, Utsa offers ethnic apparel, beauty products and accessories. The Company's hypermarket and supermarket store chain operating under Star Market concept offers an assortment of products, including staples, beverages, health, and beauty products.