TRENT · Consumer Services
Trent Ltd. reported revenue of ₹3,467 cr for October to December 2023, — on the year and +16.3% on the quarter.
Operating profit (EBITDA) was ₹629 cr, a margin of 18.1%, — on the year and +282 bps on the quarter.
Net profit was ₹371 cr, — on the year and +62.7% on the quarter, with earnings per share of ₹7.02.
Written from the quarterly statements. The filing read adds the balance sheet and cash flow, the auditor's review, segment results, one-off items line by line and what management said on the call.
No check fired. That is a statement about the checks below, not a verdict on the company.
Could not run on this quarter: Headline vs core profit, Exceptional items that recur, Operating margin on the year, Depreciation falling, Finance cost rising, Swing to loss or profit, Cash behind the profit, Receivables against sales, Inventory against sales, Borrowing while holding cash, Auditor's review or audit report, IPO money used as stated, Related-party transactions, Exits, postponements, restatements, Promoter pledges and allotments, Earlier promises against delivery, When the results were filed. Most need the filing read (balance sheet, cash flow, auditor, disclosures).
| Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹3,467 cr | ₹3,298 cr | ₹4,104 cr | ₹4,157 cr | ₹4,657 cr | ₹4,217 cr | ₹4,883 cr | ₹4,818 cr | ₹5,345 cr | ₹5,028 cr | ₹5,755 cr | ₹5,873 cr |
| YoY | — | — | +56% | +39% | +34% | +28% | +19% | +16% | +15% | +19% | +18% | +22% |
| EBITDA margin | 18.1% | 14.3% | 14.9% | 15.5% | 18.2% | 15.4% | 17.4% | 16.9% | 20.2% | 18.1% | 19.4% | 18.0% |
| Other income, % of PBT | 23% | 76% | 20% | 11% | 12% | 18% | 9% | 6% | 1% | 5% | 4% | 4% |
| Exceptional items | — | — | — | — | — | — | — | — | — | — | — | — |
| Tax rate | 22% | 23% | 22% | 28% | 23% | 25% | 25% | 22% | 25% | 20% | 25% | 24% |
| Net profit | ₹371 cr | ₹712 cr | ₹391 cr | ₹335 cr | ₹497 cr | ₹312 cr | ₹425 cr | ₹373 cr | ₹510 cr | ₹413 cr | ₹518 cr | ₹468 cr |
| YoY | — | — | +134% | +47% | +34% | −56% | +9% | +11% | +3% | +32% | +22% | +25% |
| Core profit YoY | — | — | +201% | +99% | +55% | +53% | +29% | +8% | +19% | +44% | +29% | +32% |
| EPS | ₹7.02 | ₹13.21 | ₹7.36 | ₹6.35 | ₹9.33 | ₹5.97 | ₹8.06 | ₹7.07 | ₹9.62 | ₹7.51 | ₹9.73 | ₹8.70 |
| Flags | · | 1 | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Each quarter is read with the same rules. Balance-sheet and cash checks run on half-year and annual quarters; filing-read checks run where a read exists.
Trent Ltd. reported revenue of ₹3,467 cr (— on the year) and net profit of ₹371 cr (— on the year) for October to December 2023.
None of the 2 checks that could run raised a question.
No. FinMinutes reports what was filed and the questions the numbers raise. It does not recommend buying, selling or holding any security.
Numbers as filed with the exchanges, read by rules. Every flag is a question with its source, not an accusation. FinMinutes is a financial data and analytics platform; nothing here is a recommendation to buy, sell or hold any security. How each check works.