{"id":140562,"date":"2023-02-08T10:29:09","date_gmt":"2023-02-08T15:29:09","guid":{"rendered":"https:\/\/44.250.171.167\/?p=140562"},"modified":"2023-02-08T10:29:10","modified_gmt":"2023-02-08T15:29:10","slug":"trents-q3-net-profit-rises-by-54","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/trents-q3-net-profit-rises-by-54\/","title":{"rendered":"Trent&#8217;s Q3 net profit rises by 54%"},"content":{"rendered":"\n<p>Tata group retail firm Trent Ltd on Wednesday reported a consolidated net profit of INR 154.81 crore in the third quarter ended on December 31, 2022. The company had posted a net profit of INR 113.78 crore in the October-December quarter a year ago, Trent said in a regulatory filing.<\/p>\n\n\n\n<p>Its revenue from operations was at INR 2,303.38 crore during the quarter under review compared to INR 1,499.08 crore in the third quarter of FY22. Trent&#8217;s total expenses were at INR 2,189.62 crore. According to the company, its results for Q3 FY23 &#8220;are not comparable&#8221; with the corresponding quarter and period of the previous year.<\/p>\n\n\n\n<p>Trent&#8217;s Westside registered a growth of 17 per cent in same store sales. Currently, it operates 211 Westside stores, 326 Zudio stores and 21 stores across other lifestyle concepts. During the quarter, Trent entered into a 50:50 joint venture with Mas Group of Sri Lanka for design, development and manufacture of intimate wear, active wear and related apparel products, the company said.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"804\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/e3b41f2e-c130-45c0-8677-6b884f8edcee-804x1024.png\" alt=\"\" class=\"wp-image-140563\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/e3b41f2e-c130-45c0-8677-6b884f8edcee-804x1024.png 804w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/e3b41f2e-c130-45c0-8677-6b884f8edcee-235x300.png 235w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/e3b41f2e-c130-45c0-8677-6b884f8edcee-768x978.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/e3b41f2e-c130-45c0-8677-6b884f8edcee-1206x1536.png 1206w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/e3b41f2e-c130-45c0-8677-6b884f8edcee-1608x2048.png 1608w\" sizes=\"auto, (max-width: 804px) 100vw, 804px\" \/><\/figure>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tata group retail firm Trent Ltd on Wednesday reported a consolidated net profit of INR 154.81 crore in the third quarter ended on December 31, 2022. The company had posted a net profit of INR 113.78 crore in the October-December quarter a year ago, Trent said in a regulatory filing. Its revenue from operations was [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":140563,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,85],"tags":[145,11484,11485],"class_list":["post-140562","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-retail-stocks","tag-clothing","tag-westside","tag-zudio"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/e3b41f2e-c130-45c0-8677-6b884f8edcee.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":142713,"url":"https:\/\/alphastreet.com\/india\/trent-reported-a-36-percent-rise-in-its-q3fy23-net-profit\/","url_meta":{"origin":140562,"position":0},"title":"Trent reported a 36 percent rise in its Q3FY23 net profit","author":"Chirag Gupta","date":"February 24, 2023","format":false,"excerpt":"Tata group retail firm Trent Ltd on Wednesday reported a consolidated net profit of INR 154.81 crore in the third quarter ended on December 31, 2022. The company had posted a net profit of INR 113.78 crore in the October-December quarter a year ago, Trent said in a regulatory filing.\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":141344,"url":"https:\/\/alphastreet.com\/india\/yes-banks-profit-drops-in-third-quarter-to-inr-52-crores\/","url_meta":{"origin":140562,"position":1},"title":"Yes bank&#8217;s profit drops in third quarter to INR 52 crores","author":"Chirag Gupta","date":"February 13, 2023","format":false,"excerpt":"Private sector lender YES Bank today reported 80.66% on-year drop in its standalone December quarter net profit at INR 51.52 crore due to ageing related provisions. Its net interest income improved 11.7% YoY at INR 1,971 crore in Q3. Its net interest margin (NIM) in Q3 stood at 2.5% up\u2026","rel":"","context":"In &quot;Analysis&quot;","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":143276,"url":"https:\/\/alphastreet.com\/india\/phoenix-mills-q3fy23-net-profit-rises-by-85-percent\/","url_meta":{"origin":140562,"position":2},"title":"Phoenix Mills Q3FY23 net profit rises by 85 percent","author":"Chirag Gupta","date":"March 15, 2023","format":false,"excerpt":"The Phoenix Mills has reported a growth of 85 per cent in its consolidated net profit during the quarter ended December 31, 2022. Its profit after tax (PAT) stood at INR 211 crore in Q3 FY23 as against INR 114 crore it registered in the corresponding quarter of the previous\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/bbed32ae-9fd4-4549-9973-5d06bbb02d9a.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/bbed32ae-9fd4-4549-9973-5d06bbb02d9a.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/bbed32ae-9fd4-4549-9973-5d06bbb02d9a.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/bbed32ae-9fd4-4549-9973-5d06bbb02d9a.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/bbed32ae-9fd4-4549-9973-5d06bbb02d9a.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/bbed32ae-9fd4-4549-9973-5d06bbb02d9a.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":142585,"url":"https:\/\/alphastreet.com\/india\/uti-amc-q3fy23-net-profit-drops-by-53-per-cent\/","url_meta":{"origin":140562,"position":3},"title":"UTI AMC Q3FY23 net profit drops by 53 per cent","author":"Chirag Gupta","date":"February 23, 2023","format":false,"excerpt":"UTI Asset Management Company fell 1.65% to INR 730.15 after the asset manager reported 53% drop in consolidated net profit to INR 60 crore in Q3 FY23 from INR 127 crore in Q3 FY22. Total revenue from operations fell by 5% YoY to INR 295 crore during the quarter. Total\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":140902,"url":"https:\/\/alphastreet.com\/india\/vaibhav-global-net-profit-declined-by-43-in-q3fy23\/","url_meta":{"origin":140562,"position":4},"title":"Vaibhav Global net profit declined by 43% in Q3FY23","author":"Chirag Gupta","date":"January 24, 2023","format":false,"excerpt":"Vaibhav Global reported a consolidated profit-after-tax of INR 39 for the third quarter ended December 2022. The group had reported a profit after tax of INR 69 crore in the year-round period. The net profit witnessed a drop of 43% during the same tenure. Its revenue for the quarter under\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":142403,"url":"https:\/\/alphastreet.com\/india\/metro-brands-limited-q3fy23-earnings\/","url_meta":{"origin":140562,"position":5},"title":"Metro Brands Limited Q3FY23 Earnings","author":"Karan_Singh","date":"February 21, 2023","format":false,"excerpt":"Across 136 locations spanning over 30 states and union territories in India, Metro Brands operates 598 Shops. With the third-highest number of exclusive retail locations in India, Metro Brands focuses on the mid-priced, premium, and economy segments of the footwear industry. Financial Results: The footwear retailer has recorded a 10.8\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-158636434.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-158636434.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-158636434.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-158636434.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/140562","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=140562"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/140562\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/140563"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=140562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=140562"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=140562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}