Trent Q1 profit rises two-fold; revenue at Rs 4,104 crore – ET Retail
Representative Image Indian retailer Trent reported a two-fold jump in first-quarter profit on Friday, boosted by demand at its cheaper Zudio outlets, which cater to budget-conscious consumers. The retailer’s shares jumped 10% to a record high after the results. The Tata Group-owned company‘s consolidated net profit rose to 3.93 billion rupees ($47 million) for the…