X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
TRENT LTD Announces Quarterly Results (2QFY19); Net Profit Up 13.4%

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 (2QFY19); Net Profit Up 13.4%
Mon, 5 Nov

TRENT LTD has announced its results for the quarter ended September 2018. Here is a detailed performance review of the same:

TRENT LTD Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m5,2215,9066,1594.3%18.0%
Other incomeRs m11757124117.0%5.9%
TurnoverRs m5,3385,9636,2835.4%17.7%
ExpensesRs m4,7275,1965,5677.1%17.8%
Gross profitRs m494710592-16.6%19.9%
DepreciationRs m1011051082.8%7.2%
InterestRs m767510237.3%34.0%
Profit before taxRs m433587505-13.9%16.6%
TaxRs m143203176-13.4%23.2%
Profit after taxRs m290384329-14.2%13.4%
Gross profit margin%9.512.09.6
Effective tax rate%33.034.634.8
Net profit margin%5.46.45.2
* 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 18.0% on a year-on-year (YoY) basis. The expenses were up by 17.8% YoY during the same period.
  • The company's operating profit increased by 19.9% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 9.6% in 2QFY19 as against 9.5% in 2QFY18.
  • Depreciation charges increased by 7.2% and finance costs increased by 34.0% YoY, respectively.
  • Other income increased by 5.9% YoY during the quarter.
  • Net profit for the quarter increased by 13.4% YoY. Net profit margins during the quarter declined from 5.4% in 2QFY18 to 5.2% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 4.3% on a quarter-on-quarter (QoQ) basis. The expenses were up by 7.1% QoQ during the same period.
  • The company's operating profit declined by 16.6% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 9.6% in 2QFY19 as against 12.0% in 1QFY18.
  • Net profit for the quarter declined by 14.2% QoQ, while net profit margins declined from 6.4% in 1QFY18 to 5.2% in 2QFY19.

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 298.9 to Rs 323.0, registering a Gain of Rs 24.1 or around 8.1%.

Overall, the S&P BSE SENSEX is up 4.2% over the year.

Current Valuations

At the current price of Rs 323.0, the price to earnings (P/E) ratio of TRENT LTD stands at 88.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 6.7 times.

Equitymaster requests your view! Post a comment on "TRENT LTD Announces Quarterly Results (2QFY19); Net Profit Up 13.4%". Click here!

  

Related Views on News

TRENT LTD Announces Quarterly Results (3QFY19); Net Profit Up 6.3% (Quarterly Result Update)

Feb 13, 2019 | Updated on Feb 13, 2019

For the quarter ended December 2018, TRENT LTD has posted a net profit of Rs 403 m (up 6.3% YoY). Sales on the other hand came in at Rs 7 bn (up 25.9% YoY). Read on for a complete analysis of TRENT LTD's quarterly results.

TRENT LTD Announces Quarterly Results (1QFY19); Net Profit Up 0.5% (Quarterly Result Update)

Aug 10, 2018 | Updated on Aug 10, 2018

For the quarter ended June 2018, TRENT LTD has posted a net profit of Rs 384 m (up 0.5% YoY). Sales on the other hand came in at Rs 6 bn (up 18.3% YoY). Read on for a complete analysis of TRENT LTD's quarterly results.

TCNS Clothing: Is this Retail Company Focusing on Women's Apparel Worth Betting On? (IPO)

Jul 17, 2018

With topline growth of 50% CAGR over a period of four years, should you apply to this initial public offer?

Avenue Supermarts Ltd. (IPO)

Mar 7, 2017

Equitymaster analyses Initial Public Offering (IPO) of Avenue Supermarts Limited.

More Views on News

Most Popular

The RCom Bankruptcy: 5 Lessons for Smallcap Investors(Profit Hunter)

Feb 7, 2019

Managements of companies can create or ruin their fortunes. Why is management quality such an important factor in valuing businesses? Read on to find out...

The One Real Estate Stock to Buy Now(The 5 Minute Wrapup)

Feb 13, 2019

The real estate sector is ready to make a comeback. This is the stock to consider buying.

How We Pick the Most Profitable Stocks from the Portfolios of Super Investors(The 5 Minute Wrapup)

Feb 8, 2019

This is the trick to following super investors and not losing money.

Don't Be Afraid of the Market; Buy Stocks Like This One(The 5 Minute Wrapup)

Feb 14, 2019

During this tough period in the market, a contrarian approach holds huge potential upside for this Smart Money Secrets stock.

Small Caps Under Seige: Could This Be A Once-in-a-Decade Wealth Creating Opportunity?(Profit Hunter)

Feb 14, 2019

Don't let the dark clouds hovering over small caps scare you into hiding; it will rain gold as sentiments recover. Indeed, there is a blood bath. And if you are a first time investor, the correction is deep enough to scare you out of markets.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

TRENT LTD SHARE PRICE


Feb 20, 2019 (Close)

TRACK TRENT LTD

  • Track your investment in TRENT LTD with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

TRENT LTD 8-QTR ANALYSIS

COMPARE TRENT LTD WITH

MARKET STATS