Trent Shares Down 19% Amid Poor Q4 Earnings
Shares of Trent Limited fell by over 19.23% on March 7 to clock an all-time low of ₹4,491.75. The stock was trading low by 16.99% at ₹4,616.40 apiece.
Trent Shares Down 19% Amid Poor Q4 Earnings
Shares of Trent Limited fell by over 19.23% on March 7 to clock an all-time low of ₹4,491.75. The stock was trading low by 16.99% at ₹4,616.40 apiece.
During the March quarter, the company reported a revenue of ₹4,334 crore, up from ₹3,381 crore in the corresponding period last year. However, Q4 revenue was lower than FY25's revenue growth at 39% at ₹17,624 crore.
The stock’s 52-week high is at ₹8,345, while its 52-week low clocked at ₹3,895. The market capitalisation of the stock touched at ₹1.6 lakh crore.
“In our view, after delivering strong double-digit like-for-like growth ... the high base effect is beginning to moderate Trent's growth momentum,” said Abhijeet Kundu, equity analyst at Antique Stockbroking, in a note, reported Reuters.
As of March 31, 2025, Trent had 248 Westside, 765 Zudio (including 2 in UAE) and 30 stores across other lifestyle concepts.
