Trent beats Q1 revenue view on higher footfalls
Consolidated net profit rose more than 30 per cent to 1.73 billion rupees ($20.9 million), while total expenses rose nearly 44 per cent due to higher purchases of stock-in-trade and employee costs.
Tata Group-owned Trent, which also owns and operates the Star Bazaar hypermarket chain in partnership with UK's Tesco, has been rapidly expanding its fast-fashion Zudio outlets.(Image credit: Reuters)