07 February 2025, Mumbai
Tata Group firm Trent registered a 34 per cent increase in its Q3, FY25 net profit to Rs 497 crore as against Rs 371 crore net profit recorded in the corresponding quarter a year ago.
The company’s revenue for the quarter increased to Rs 4,657 crore, as against Rs 3,467 crore in the corresponding quarter of the previous fiscal year.
Trent noted a rising demand for products in emerging categories including beauty & personal care, innerwear and footwear during the quarter with revenues in these categories increasing by over 20 per cent.
According to Noel N Tata, Chairman, Trent, the company is on track to expanding its operations besides also improving its products’ quality. Along with other factors, the company’s store opening program helps maintain yearly growth.
Trent opened 14 Westside and 62 Zudio stores across 46 cities including one in Dubai during the quarter. As of December 31, 2024, the company operated 238 Westside, 635 Zudio and 34 stores across other lifestyle concepts.
