TRENT Q4 RESULTS LIVE : PROFIT RISE BY 1200.28% YOY

Trent Q4 Results Live : Trent declared their Q4 results on 29 Apr, 2024, showcasing a remarkable performance. The company's revenue surged by 51.08% Year-over-Year (YoY), reaching new heights. Additionally, Trent witnessed a substantial increase in profit by an astounding 1200.28% YoY, reflecting strong financial growth.

Despite a slight decline of 4.87% in revenue compared to the previous quarter, Trent managed to boost its profit by 88.12%, indicating efficient cost management and improved operational efficiency.

The Selling, general & administrative expenses experienced a significant increase by 13.09% quarter-over-quarter (QoQ) and an impressive 83.94% year-over-year (YoY) growth, which might be attributed to strategic investments and expansion initiatives.

Moreover, the operating income saw a substantial rise of 79.48% QoQ and an outstanding 1212.48% YoY growth, underscoring Trent's strong performance across various business segments.

Trent reported an Earnings Per Share (EPS) of ₹7.25 for Q4, marking a substantial increase of 358.76% YoY, showcasing the company's ability to generate higher returns for its investors.

Furthermore, Trent's stock performance has been impressive, delivering a 3.49% return in the last week, 103.52% return in the last 6 months, and a 41.22% Year-to-Date (YTD) return, demonstrating investor confidence and market strength.

Currently, Trent boasts a market capitalization of ₹153361.9 Cr with a 52-week high/low of ₹4515 & ₹1369.05 respectively, indicating a stable financial position and market presence.

Analysts covering the company have provided varied recommendations, with 1 analyst suggesting a Strong Sell, 1 analyst recommending a Sell, 6 analysts opting for a Hold, 8 analysts suggesting a Buy, and 2 analysts advocating for a Strong Buy. The consensus recommendation as of 01 May, 2024, stood at Buy, indicating a positive outlook for Trent's future prospects.

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2024-04-30T21:22:04Z dg43tfdfdgfd