Trent Q2 preview: Profit, revenue to inch higher aided by new store additions

Tata group's retail limb Trent is scheduled to study its Q2 net time (November 7, 2024). This is the company's archetypal quarterly study aft its inclusion successful the bluechip Nifty50 scale connected September 30, 2024. The banal replaced Divi's Laboratories.

The company's inclusion successful the Nifty50 scale was expected to effect successful a nett inflow of astir $495 million.

Zee Business probe expects the institution to station decent September 4th results, with standalone nett aft taxation (PAT) seen climbing 59 per cent year-on-year YoY) to Rs 460 crore arsenic against Rs 290 crore reported successful the aforesaid 4th past year.

The analysts expect maturation astatine the institution to beryllium aided by caller stores.

Revenue from operations astatine the retail entity besides is expected to turn 56 per cent from Rs 2,891 crore successful the September 4th of the erstwhile twelvemonth to Rs 4,512 crore. 

On the operational beforehand too, the EBITDA or Earnings Before Interest, Taxes, Depreciation, and Amortization is estimated to emergence by 71 per cent on-year to Rs 788 crore, successful examination to Rs 461 crore reported successful the aforesaid play past year. Furthermore, connected accrued EBITDA, borderline is besides seen to ascent 1.6 per cent oregon 160 ground points to 17.5 per cent. Margins stood astatine 15.9 per cent successful the aforesaid 4th past year.

Trent's banal performance 

The banal since its inclusion successful the Nifty 50 scale has shed implicit 11 per cent taking today's past trading terms of arsenic overmuch arsenic Rs 6,942. Nonetheless, successful the past 1 year, the banal has gained 216 per cent.