Trent Q3 Results Coming Soon
Get ready for the [[latest business updates]]! Trent Ltd., the company behind Westside and Zudio, is about to share its Q3 results. They’ve already told the stock market about when to expect the news. Trent is a big part of the Tata Group and runs lots of popular stores like Zara and Massimo Dutti. It’s a major player in India’s retail market, valued at over Rs 2 lakh crore.
Date and Time for the Announcement
Mark your calendars! Trent’s board of directors will meet on Thursday, February 6, 2025, to officially approve the results for October-December 2024. This announcement came directly from the company on January 16. They also mentioned a trading window closure for insiders and their families, lasting from December 25, 2024, to February 8, 2025. This is standard practice to prevent insider trading. Trent has planned meetings with market analysts and big investors next week to discuss the results.
How Trent’s Stock Has Been Doing
Trent’s shares have seen some interesting movement lately. They’ve gone up about 5% in the last five trading days on the National Stock Exchange (NSE). However, the price dropped by 16% over the past month. Looking back a bit further, the stock is up about 8.74% over the last six months. And over the past year, Trent’s stock has done amazingly well, shooting up by a whopping 94% on the NSE.
Looking Back at Trent’s Q2 Performance
Let’s recap Trent’s Q2 results. They saw a 39% jump in revenue, reaching Rs 4,157 crore compared to Rs 2,982 crore the previous year. Profits also climbed by a solid 47%, hitting Rs 335 crore versus Rs 235 crore. Their earnings before interest, taxes, depreciation, and amortization (EBITDA) also grew by 41%, reaching Rs 643 crore. This is up from Rs 456 crore, with margins improving slightly from 15.3% to 15.5%. These figures give some context for the upcoming Q3 results announcement.