Trent Limited’s (Trent; CMP: Rs 1,225; Market capitalisation: Rs 43,570 crore) March 2022 quarter results were affected by disruptions related to the Omicron variant of COVID-19. However, with cases of infections falling in March 2022, the fashion icon of the Tata Group saw a sharp rebound in consumer sentiment. This helped improve both revenues (March sales were above pre-COVID levels) as well as profitability. Profits in the March quarter recovered and were consistent with the trends seen in the December...
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