Trent Q4 net up 28% at Rs 24.96 crore

Tags: Companies
Tata group firm Trent Ltd today reported a 28 per cent increase in standalone net profit at Rs 24.96 crore for the fourth quarter ended March 31, 2014.

The company had reported a net profit of Rs 19.5 crore in the January-March quarter of the last fiscal.

Trent's net sales increased by 41.30 per cent to Rs 298 crore in the quarter under review as against Rs 210.89 crore in the corresponding period last year, the company said in a BSE filing.

Overall expenses of the company were at Rs 323.06 crore during the quarter, an increase of 43.76 per cent from Rs 224.72 crore logged in the year—ago period.

For the entire 2013-14 fiscal, the company reported a net loss of Rs 18.55 crore as against Rs 26.83 crore in the previous financial year.

The company reported net sales of Rs 2,272.30 crore during 2013-14 compared with Rs 2,017.27 crore in the previous financial year.

Trent Ltd scrip were trading at Rs 1,030 apiece on the BSE in the afternoon trade, up 2.36 per cent from the previous close.

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