Shares of Trent Ltd rose by nearly 2 per cent in early morning trade on August 7, following the company’s robust Q1 earnings report that lifted investor
sentiment. At the time of filing this report (around 12:23PM) The Tata Group stock was seen trading at Rs 5,335 apiece on the NSE. This is Rs 21 or 0.40 per cent decline compared to previous closing price.
Q1 profit up 9 per cent YoY, revenue rises 19 per cent
The operator of popular fashion retail chains Zudio and Westside reported a 9 per cent year-on-year (YoY) rise in consolidated net profit at Rs 425 crore, compared to Rs 391 crore in the same quarter last year.
Revenue for the quarter stood at Rs 4,883 crore, a 19 per cent increase YoY from Rs 4,104 crore in Q1FY25.
On a sequential basis, Profit After Tax (PAT) jumped 36 per cent compared to Rs 312 crore in Q4FY25. Revenue also rose 16 per cent quarter-on-quarter, from Rs 4,217 crore.
PBT up 13 per cent YoY
The Profit Before Tax (PBT) during the April–June quarter stood at Rs 565 crore, up 13 per cent YoY.
The company clarified that consolidated revenues do not include Trent Hypermarket's revenues due to accounting norms. However, the profitability share from this joint venture is included based on the equity method.
Trent Share Price Target 2025
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Motilal Oswal has maintained Buy on Trent for target price of Rs 6400 (earlier Rs 6600). Margin expansion in Q1 surprises despite slower growth.
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Antique has maintained Buy on Trent with target price of Rs 7301, raised from Rs 6046. Profitability beats estimates in Q1. Trent remains an outperformer in a weak demand environment.
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Avendus has downgraded Trent to Reduce for target price of Rs 5000, down from Rs 5650. It said that FY26 may see a consolidation phase.