Latest news with #TrentLimited
Hans India
24-05-2025
- Business
- Hans India
BEL, Trent to replace IndusInd, Nestle in Sensex
Mumbai: Trent Limited and Bharat Electronics Ltd (BEL) are set to join the 30-stock benchmark Sensex, replacing IndusInd Bank Ltd and Nestle India Ltd, as part of the latest index reshuffle announced by the Bombay Stock Exchange (BSE). The changes will take effect from June 23. This reshuffle is part of the regular rebalancing of the 30-stock benchmark index, which aims to reflect the changing dynamics of the Indian stock market. As part of this change, significant buying and selling activities are expected around the implementation Group's apparel retail company Trent is expected to receive strong capital inflows of about $278 million, or nearly Rs 2,400 is 2.5 times its average daily trading volume, as per estimates by IIFL Alternate Desk. Similarly, Bharat Electronics (BEL), a key player in the defence sector, may see inflows worth $275 million, which is 3.1 times its usual daily shares have already risen nearly 37 per cent in the last six the other hand, Nestle India may witness outflows worth $210 million or Rs1,800 crore. This amount is 7.7 times its average daily volume. The stock has gained only about 5 per cent over the last six months. IndusInd Bank, which is under scrutiny over suspected fraud and governance concerns, may see an outflow of $135 million, or Rs1,155 crore. Apart from the changes in the Sensex, BSE has also made adjustments in other indices. Dixon Technologies, Coforge, and Indus Towers have been added to the BSE-100 index, while Bharat Forge, Siemens, and Dabur India have been dropped. Updates have also been made to the Sensex 50, Sensex Next 50, and Bankex indices. Such index changes are important because they influence the movement of funds. Mutual funds and exchange-traded funds (ETFs) that track these indices must adjust their portfolios to match the new composition. This rebalancing often starts a few days before the official implementation date.
Time of India
29-04-2025
- Business
- Time of India
Trent's Star business sees 17% revenue growth in Q4; own brands cross 70% contribution
New Delhi: Trent Limited, on Tuesday, has reported that its grocery business Star witnessed a 17 per cent growth in operating revenue during the fourth quarter ended March 31st, 2025, along with the addition of 12 new stores, taking the total Star store count to 78, according to a regulatory filing. The company stated that the improved performance in Star was "driven by our own brands, staples, fresh & our general merchandise offerings." As of FY25, own brands contributed over 70 per cent of Star's revenue. Commenting on the food retail vertical , Noel N Tata , chairman of Trent, said, "The opportunity in the food space for the Star proposition is exciting while being competitive. We remain convinced that this business is well poised to deliver much consumer value and growth in the years ahead." Trent clarified that while consolidated revenue does not include Star's top line due to accounting standards, the reported results include its proportionate share of profitability, accounted using the equity method. Alongside developments in the grocery vertical, the company highlighted the performance of its online fashion platform. In FY25, and its presence on Tata Neu saw a 43 per cent growth in online revenue, now contributing to over 6 per cent of total Westside revenues . As part of its supply chain and operational upgrades, Trent has also transitioned to RFID-based tracking of merchandise across its fashion portfolio. "This has been a material enabler to handling the significant volumes across the supply chain and the unlocking of multiple use cases in our distribution centers and stores," according to the company. Volume growth in FY25 over the previous year was reported to be over 40 per cent. The company concluded the year with a footprint of over 13 million sq. ft. across its fashion brands.
Business Upturn
29-04-2025
- Business
- Business Upturn
Trent Q4 FY25 Results: Revenue jumps 29% YoY to Rs 4,106 crore, Net profit declines 46.5% YoY
Trent Limited, the Tata Group's retail arm, reported a 46.5% year-on-year (YoY) drop in net profit to Rs 349.92 crore for the quarter ended March 31, 2025 (Q4 FY25), compared to Rs 654.28 crore in the corresponding period last year. The company's revenue from operations stood at Rs 4,106.10 crore in Q4 FY25, higher than Rs 3,186.93 crore in Q4 FY24, showing a strong 29% YoY growth. However, total income fell sequentially from Rs 4,585.63 crore in Q3 FY25 to Rs 4,203.14 crore. Total expenses rose to Rs 3,749.89 crore in Q4 FY25 from Rs 2,944.47 crore in Q4 FY24, driven by increases in stock-in-trade purchases, employee benefits, and occupancy costs. On a full-year basis, Trent reported a net profit of Rs 1,584.84 crore, up from Rs 1,435.82 crore in FY24 — a 10.4% YoY increase. Total income for FY25 stood at Rs 16,997.48 crore, up from Rs 12,277.49 crore in FY24, a 38.4% increase. Key Financial Highlights (Q4 FY25): Revenue from operations: Rs 4,106.10 crore vs Rs 3,186.93 crore YoY Net profit: Rs 349.92 crore vs Rs 654.28 crore YoY EBITDA (approx. by difference): Rs 453.25 crore vs Rs 859.07 crore (before exceptional items & tax) Total expenses: Rs 3,749.89 crore vs Rs 2,944.47 crore YoY Full-Year FY25: Revenue from operations: Rs 16,668.11 crore vs Rs 11,926.56 crore YoY Net profit: Rs 1,584.84 crore vs Rs 1,435.82 crore YoY While annual growth remained strong, the quarterly performance was impacted by higher costs and the absence of exceptional gains seen in the previous year's quarter. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
