Tata group retail firm Trent Ltd today reported a 7.28 per cent increase in standalone net profit at Rs 21.06 crore for the quarter ended September 30.
The company had posted a standalone net profit of Rs 19.63 crore in the July-September quarter last fiscal.
Net sales during the quarter under review stood at Rs 448.54 crore, up 16.54 per cent compared with Rs 384.87 crore in the same quarter last fiscal, the company said in a BSE filing.
Trent's net profit for the first half of 2016-17 stood at Rs 44.36 crore as against Rs 34.14 crore in the same period a year ago, up 29.93 per cent.
Total income from operations during the first half of the current fiscal was up 15.67 per cent to Rs 849.49 crore as against Rs 734.37 crore a year ago.
Shares of Trent today settled at Rs 198.40 on BSE, down 0.73 per cent from previous close.
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!
