12 February 2022, Mumbai:
Tata Group retail firm Trent Ltd plans to set up 425 fashion stores by March 2022. The company’s consolidated net profit grew by 43 per cent year-on-year in the third quarter ended December 2021 compared to net profit of Rs 64 crore in the October-December period of the previous fiscal, the company.
The company's revenue from operations grew toRs 1,499.08 crore during the quarter ended December 2021 as against Rs 853.63 crore in the corresponding period of previous fiscal.
Trent expenses stood at Rs 1,383.62 crore in the quarter as against Rs 3,175.07 crore in the same time last year.
ALSO READ: Arvind Fashions posts Q3 FY22 results
Established in 1998 as part of the Tata group,
Trent Ltd operates Westside chain, a chain of fashion retail stores, Trent Hypermarket, which operates in the competitive food, grocery, and daily needs segment, Landmark stores, and Zudio.
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