Trent Ltd.'s net profit increased by 36% in the third quarter of fiscal 2025 but misses analysts' estimates. The net profit of the Tata Group company rose to Rs 640 crore in the October-December quarter, compared to Rs 469 crore in the same period last year.
Analysts polled by Bloomberg had a consensus estimate of Rs 697 crore for the fashion retail major's bottom line.
Trent Q3 Highlights (Standalone, YoY)
- Net Profit up 36.3% at Rs 640 crore versus Rs 469 crore YoY (estimate of Rs 697 crore)
- Revenue up 16% at Rs 5,259 crore versus Rs 4,535 crore YoY (estimate of Rs 4,535 crore)
- Ebitda up 27.3% at Rs 1,073 crore versus Rs 843 crore YoY (estimate of Rs 843 crore)
- Margin at 20.4% versus 18.6% YoY (estimate 19.4)
During this quarter, Trent opened 17 new Westside stores and 48 new Zudio stores. In addition, the company's operating EBIT Margin for the third quarter for this year was 13.8%.
“On a higher base, our fashion business registered category leading growth during the quarter. The customer sentiment is gradually improving and our business outlook for the medium term continues to remain positive. Our focus continues to be on portfolio growth, elevating products and enhancing store experience for our customers," said Noel N Tata, Chairman, Trent.
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