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Net sales increased 45.77% to Rs 2,628.37 crore during the quarter as compared with Rs 1803.15 crore in corresponding quarter last year.
Profit before tax stood at Rs 185.70 crore in Q1 FY24, registered growth of 64.77% as compared with Rs 112.70 crore in Q1 FY23.
Total expenses stood at Rs 2,494.69 crore, up 43.85% YoY in Q1 FY24. Employee benefit expenses stood at Rs 205.95 crore (up 55.42% YoY) while finance cost was at Rs 92.30 crore (down 3.28% YoY) during the period under review.
Trent is part of the Tata Group and operates a portfolio of retail concepts. The primary customer propositions of Trent include: Westside, one of India's leading chains of fashion retail stores, Zudio, a one stop destination for great fashion at great value and Trent Hypermarket, which operates in the competitive food, grocery and daily needs segment under the Star banner.
The scrip hit 52 week high at Rs 1,805.95 in intraday today.
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