Tata group retail firm Trent Ltd on July 31 reported a consolidated net profit of Rs 36.32 crore for the first quarter ended June 2019. The company had posted a net profit of Rs 35.90 crore in the April-June period a year ago, Trent said in a BSE filing.
Total income during the quarter under review stood at Rs 823.90 crore. It was Rs 622.75 crore in the corresponding quarter last fiscal.
Meanwhile, the company said its "operating results are primarily not comparable" on account of adoption of new accounting standard.
Its total expenses were at Rs 753.99 crore.
Shares of Trent Ltd on Wednesday settled at Rs 397.30 on BSE, down 0.82 per cent.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.