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- TRENT LTD Announces Quarterly Results (3QFY20); Net Profit Up 38.4%
TRENT LTD Announces Quarterly Results (3QFY20); Net Profit Up 38.4%
Fri, 7 Feb
TRENT LTD has announced its results for the quarter ended December 2019. Here is a detailed performance review of the same:
TRENT LTD Quarterly Financials
| No. of Mths Qtr. Ending | 3 Dec-18* | 3 Sep-19* | 3 Dec-19* | QoQ Change | YoY Change | |
|---|---|---|---|---|---|---|
| Net Sales | Rs m | 6,565 | 8,180 | 8,697 | 6.3% | 32.5% |
| Other income | Rs m | 94 | 433 | 382 | -11.6% | 306.0% |
| Turnover | Rs m | 6,659 | 8,613 | 9,079 | 5.4% | 36.3% |
| Expenses | Rs m | 5,839 | 6,852 | 6,962 | 1.6% | 19.2% |
| Gross profit | Rs m | 726 | 1,328 | 1,735 | 30.7% | 139.0% |
| Depreciation | Rs m | 116 | 585 | 579 | -1.0% | 400.3% |
| Interest | Rs m | 88 | 598 | 593 | -0.9% | 573.3% |
| Profit before tax | Rs m | 616 | 578 | 946 | 63.8% | 53.5% |
| Tax | Rs m | 214 | 195 | 389 | 99.4% | 81.9% |
| Profit after tax | Rs m | 403 | 383 | 557 | 45.6% | 38.4% |
| Gross profit margin | % | 11.1 | 16.2 | 20.0 | ||
| Effective tax rate | % | 34.7 | 33.7 | 41.1 | ||
| Net profit margin | % | 6.0 | 4.4 | 6.1 |
Interim results exclude extraordinary / exceptional items
Year-on-Year Performance:
- The company's operating income during the quarter grew 32.5% on a year-on-year (YoY) basis. The expenses were up by 19.2% YoY during the same period.
- The company's operating profit increased by 139.0% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 20.0% in 3QFY20 as against 11.1% in 3QFY19.
- Depreciation charges increased by 400.3% and finance costs increased by 573.3% YoY, respectively.
- Other income increased by 306.0% YoY during the quarter.
- Net profit for the quarter increased by 38.4% YoY. Net profit margins during the quarter increased from 6.0% in 3QFY19 to 6.1% in 3QFY20.
Quarter-on-Quarter Performance:
- The company's operating income during the quarter grew 6.3% on a quarter-on-quarter (QoQ) basis. The expenses were up by 1.6% QoQ during the same period.
- The company's operating profit increased by 30.7% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 20.0% in 3QFY20 as against 16.2% in 2QFY19.
- Net profit for the quarter increased by 45.6% QoQ, while net profit margins increased from 4.4% in 2QFY19 to 6.1% in 3QFY20.
To see how TRENT LTD has performed over the last eight quarters,please visit here.
REVEALED: How I Pick My 'Vertical Trades'...
TRENT LTD Share Price Performance
Over the last one year,TRENT LTD share price has moved up from Rs 354.4 to Rs 632.8, registering a Gain of Rs 278.5 or around 78.6%.
Overall, the S&P BSE SENSEX is up 11.4% over the year.
Current Valuations
At the current price of Rs 632.8, the price to earnings (P/E) ratio of TRENT LTD stands at 125.2 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 12.8 times.
Related Views on News
TRENT 2019-20 Annual Report Analysis (Annual Result Update)
Dec 11, 2020 | Updated on Dec 11, 2020Here'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 (2QFY20); Net Profit Up 16.3% (Quarterly Result Update)
Nov 14, 2019 | Updated on Nov 14, 2019For 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 Announces Quarterly Results (1QFY20); Net Profit Up 51.1% (Quarterly Result Update)
Aug 1, 2019 | Updated on Aug 1, 2019For the quarter ended June 2019, TRENT LTD has posted a net profit of Rs 579 m (up 51.1% YoY). Sales on the other hand came in at Rs 8 bn (up 29.9% 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, 2019Here'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.
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