Trent rises 3 per cent post Q2FY19 numbers

Trent reported its results for the quarter ended September 30, 2018 on Thursday post market hours.

The company's standalone revenue for the quarter came in at Rs. 615.92 crore as against Rs. 522.08 crore in the corresponding quarter last year, registering 18 per cent yoy increase.

The EBITDA for the quarter rose by 19.9 per cent yoy to Rs. 59.2 crore as against Rs. 49.36 crore in the corresponding quarter last year, with a corresponding margin expansion of 16 bps. EBITDA margin for the quarter stood at 9.6 per cent.

The PAT for the quarter came in at Rs. 32.91 crore as against Rs. 29.01 crore in the corresponding quarter last year, yoy increase of 13 per cent.

Trent, a brand of Tata group, is a leading organized retail player in India operating branded stores like Westside, Star Bazaar, Landmark and Zara.

On Friday, the stock witnessed a gap-up opening of 2.4 per cent at Rs. 332 on the BSE.