Shares of Trent Limited were trading 4.07% lower at ₹6,672.10 on the NSE as of 12:17 pm following the release of its Q2 FY25 financial results. The decline in share price comes after the company reported a nearly 15% drop in net profit on a quarter-over-quarter (QoQ) basis, despite a substantial year-over-year (YoY) increase.
Trent Q2 FY25 results: Revenue jumps 39.3% YoY to ₹4,156.67 crore, Net Profit surges 46.9% YoY
Financial Highlights
- Revenue: Trent’s revenue from operations for Q2 FY25 reached ₹4,156.67 crore, marking a 39.3% YoY increase from ₹2,982.42 crore in Q2 FY24. However, on a QoQ basis, revenue remained relatively flat, with a 1.3% increase from ₹4,104.44 crore in Q1 FY25.
- Profit Before Tax (PBT): The company reported a PBT of ₹466.81 crore, reflecting a 48.5% YoY rise from ₹314.32 crore in Q2 FY24. However, PBT decreased by 6.9% QoQ from ₹501.39 crore in Q1 FY25.
- Net Profit (PAT): Trent’s net profit for Q2 FY25 stood at ₹335.06 crore, representing a 46.9% YoY increase from ₹228.06 crore in Q2 FY24. However, net profit declined by 14.4% QoQ from ₹391.21 crore in the previous quarter.
Trent’s year-over-year growth in revenue and profit has been overshadowed by the QoQ decline in profitability and the modest increase in revenue, leading to investor caution and a dip in its stock price.
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