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Apparel retail firm Trent's expansion seamlessly tailors its growth success

Business Standard LogoBusiness Standard6h ago

Apparel retail firm Trent's expansion seamlessly tailors its growth success - Business Standard

Quick Summary:

Standalone revenues for the quarter increased by 56 per cent year-on-year (Y-o-Y) to Rs 3,992 crore (consolidated at Rs 4,104 crore), coming off a high base.

Centrum Research has raised its FY25 and 2025-26 earnings forecasts by 11-13.5 per cent due to continued store expansion and earnings outperformance.

The 72-store business recorded revenue growth of 29 per cent and LFL growth of 20 per cent.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-11 @ 22:50:31 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 731 words

Reading Time: 5 minutes read

Sentences: 36 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22018650

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 154 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 4 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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Publisher ID: #49

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