Trent Q1FY24 Results: Consolidated PAT Rises to Rs. 173.48 Cr

Trent Q1FY24 Results: Consolidated PAT Rises to Rs. 173.48 Cr

Trent Q1 results show revenue up from 2268.06 crores to 2680.39 crores, an 18.18% increase in growth. EPS rise from ₹1.52 to ₹4.88, up by 221.05%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Trent shared its Q1 results on Wednesday. They earned 2680.39 crores in revenue this quarter, but that’s more than the 2268.06 crores they made last quarter. The company’s growth increased by 18.18 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 173.48 crores, up from 54.10 crores in the previous quarter. Their quarter-to-quarter growth increased by 220.67 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹4.88, which is an increase of 221.05% from the ₹1.52 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 2680.39 crores this year (2023), which is 45.12 percent higher than last year’s total revenue of 1846.98 crores.

This year’s PAT (Profit After Tax) is 173.48 crores, which is also 32.92% higher than last year’s PAT of 130.51 crores.

The EPS (Earnings Per Share) for this year is ₹4.88, which is 32.97% more than the EPS of ₹3.67 earned last year.

Also Read: IRCTC Q1FY24 Results: Consolidated PAT Rises to Rs. 232.22 Cr

Trent Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About Trent:

Trent Limited is an Indian retail enterprise that forms a segment of the Tata Group, headquartered in Mumbai. Established in 1998, Trent manages Westside, a fashion retail chain, as well as Landmark, a bookstore chain that maintains physical stores across several locations in India.

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