InvestorQ : How has been the quarterly performance of Trent Ltd in the first quarter of FY23?
Dilmini Mercia made post

How has been the quarterly performance of Trent Ltd in the first quarter of FY23?

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Dawn Cherian answered.
1 month ago
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The retail arm of the Tata group, Trent Limited, operates retail stores under the Westside and Star Bazaar brand in India. For the June quarter, the company reported net profit of Rs114.93 crore. This is a sharp turnaround from a net loss of Rs138.30 crore in the year-ago period. However, the big boost came on the top line. For the first quarter of FY23, Trent Ltd reported 267% growth in the top line revenues at Rs1,803 crore.

Trent operates Westside and Zudio over and above the Trent Hypermarket, which is predominantly present in the food grocery and daily needs segment. It operates largely under the Star Bazaar and the Landmark Stores brand. The Star Bazaar has always focused on sharp pricing and a focus on fresh and own brands. They look at Star Bazaar becoming a key growth engine in the Tata retail portfolio.

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