Trent Ltd. Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2012
January 31, 2013 at 01:13 pm
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Trent Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales/income from operations of INR 2,450.452 million against INR 2,173.540 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 192.231 million against INR 7.482 million a year ago. Profit from ordinary activities before tax was INR 288.814 million against INR 169.918 million a year ago. Net profit for the period was INR 209.914 million or INR 6.37 per diluted share against net profit for the period of INR 141.005 million or INR 5.32 per diluted share a year ago.
For the nine months, the company reported net sales/income from operations of INR 6,660.291 million against INR 5,871.187 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 256.692 million against loss from operations before other income, finance cost and exceptional items of INR 102.265 million a year ago. Profit from ordinary activities before tax was INR 579.918 million against INR 358.482 million a year ago. Net profit for the period was INR 427.518 million or INR 13.76 per diluted share against net profit for the period of INR 277.373 million or INR 11.04 per diluted share 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.