TRENT LTD Announces Quarterly Results (1QFY20); Net Profit Up 51.1%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

TRENT LTD Announces Quarterly Results (1QFY20); Net Profit Up 51.1%
Thu, 1 Aug

TRENT LTD has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

TRENT LTD Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m5,9066,6877,67214.7%29.9%
Other incomeRs m5788359306.9%530.0%
TurnoverRs m5,9636,7758,03118.5%34.7%
ExpensesRs m5,1966,3496,033-5.0%16.1%
Gross profitRs m7103331,639392.0%131.0%
DepreciationRs m105135536295.7%408.9%
InterestRs m75103597481.7%701.5%
Profit before taxRs m587183865372.0%47.4%
TaxRs m203242861102.1%40.4%
Profit after taxRs m384160579263.2%51.1%
Gross profit margin%12.05.021.4
Effective tax rate%34.613.033.0
Net profit margin%6.42.47.2
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 29.9% on a year-on-year (YoY) basis. The expenses were up by 16.1% YoY during the same period.
  • The company's operating profit increased by 131.0% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 21.4% in 1QFY20 as against 12.0% in 1QFY19.
  • Depreciation charges increased by 408.9% and finance costs increased by 701.5% YoY, respectively.
  • Other income increased by 530.0% YoY during the quarter.
  • Net profit for the quarter increased by 51.1% YoY. Net profit margins during the quarter increased from 6.4% in 1QFY19 to 7.2% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 14.7% on a quarter-on-quarter (QoQ) basis. The expenses were down by 5.0% QoQ during the same period.
  • The company's operating profit increased by 392.0% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 21.4% in 1QFY20 as against 5.0% in 4QFY19.
  • Net profit for the quarter increased by 263.2% QoQ, while net profit margins increased from 2.4% in 4QFY19 to 7.2% in 1QFY20.

To see how TRENT LTD has performed over the last eight quarters,please visit here.

TRENT LTD Share Price Performance

Over the last one year,TRENT LTD share price has moved up from Rs 365.3 to Rs 413.1, registering a Gain of Rs 47.8 or around 13.1%.

Overall, the S&P BSE SENSEX is down 1.1% over the year.

Current Valuations

At the current price of Rs 413.1, the price to earnings (P/E) ratio of TRENT LTD stands at 93.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 8.3 times.

Equitymaster requests your view! Post a comment on "TRENT LTD Announces Quarterly Results (1QFY20); Net Profit Up 51.1%". Click here!

  

Related Views on News

TRENT 2019-20 Annual Report Analysis (Annual Result Update)

Dec 11, 2020 | Updated on Dec 11, 2020

Here's an analysis of the annual report of TRENT for 2019-20. It includes a full income statement, balance sheet and cash flow analysis of TRENT. Also includes updates on the valuation of TRENT.

TRENT LTD Announces Quarterly Results (3QFY20); Net Profit Up 38.4% (Quarterly Result Update)

Feb 7, 2020 | Updated on Feb 7, 2020

For the quarter ended December 2019, TRENT LTD has posted a net profit of Rs 557 m (up 38.4% YoY). Sales on the other hand came in at Rs 9 bn (up 32.5% YoY). Read on for a complete analysis of TRENT LTD's quarterly results.

TRENT LTD Announces Quarterly Results (2QFY20); Net Profit Up 16.3% (Quarterly Result Update)

Nov 14, 2019 | Updated on Nov 14, 2019

For the quarter ended September 2019, TRENT LTD has posted a net profit of Rs 383 m (up 16.3% YoY). Sales on the other hand came in at Rs 8 bn (up 32.8% YoY). Read on for a complete analysis of TRENT LTD's quarterly results.

TRENT LTD 2018-19 Annual Report Analysis (Annual Result Update)

Jul 4, 2019 | Updated on Jul 4, 2019

Here's an analysis of the annual report of TRENT LTD for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of TRENT LTD. Also includes updates on the valuation of TRENT LTD.

More Views on News

Most Popular

India: Recovery Stalled by Vaccine Games?(The Honest Truth)

Apr 13, 2021

Ajit Dayal on how India's vaccine strategy will impact the markets.

Top 3 Nifty ETFs to Buy Now(Fast Profits Daily)

Apr 20, 2021

In this video I tell you the three Nifty ETFs I think are the best.

A Stock with 700% Return Potential Comes with Additional Payoffs(Profit Hunter)

Apr 15, 2021

Narayana Murthy was one of the first unicorn founders to get the backing of this entity...

11x Bankruptcy to Bluechip Stock: A Rare India Revival Story(Profit Hunter)

Apr 16, 2021

There is no stopping this 11-bagger stock from significant upside.

Why Did the Market Crash on Monday?(Fast Profits Daily)

Apr 13, 2021

In this video, I'll you what I think is the real reason behind yesterday's market crash.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

TRENT SHARE PRICE


Apr 23, 2021 01:41 PM

TRACK TRENT

TRENT - WOOLWORTHS COMPARISON

COMPARE TRENT WITH

MARKET STATS