Trent This autumn Review – Revenue Recovery, Strong Liquidity To Aid Future Growth: ICICI…

by akoloy


BQ Blue’s particular analysis part collates high quality and in-depth fairness and financial system analysis stories from throughout India’s prime brokerages, asset managers and analysis companies. These stories provide BloombergQuint’s subscribers a possibility to increase their understanding of firms, sectors and the financial system.

Trent Ltd. has recorded spectacular restoration on the expansion entrance, with progress reverting to the optimistic territory.

Revenue for the quarter grew 7% YoY (6.7% QoQ) to Rs 773.7 crore.

Westside income (roughly 80% of gross sales) have been broadly eventually 12 months’s ranges with destructive identical shops gross sales progress of ~4% (destructive SSSG of 28% in Q3 FY21).

Zudio continues to carry out effectively with again of the envelope calculations suggesting 30% plus progress in This autumn FY21.

Revenue trajectory had continued to enhance on a month-on-month foundation however a pointy drop in revenues was witnessed following the short-term partial lockdowns in numerous states from mid-March onwards.

Click on the attachment to learn the total report:

ICICI Direct Trent Q4FY21 Result Update.pdf

DISCLAIMER

This report is authored by an exterior celebration. BloombergQuint doesn’t vouch for the accuracy of its contents neither is chargeable for them in any manner. The contents of this part don’t represent funding recommendation. For that you could all the time seek the advice of an knowledgeable primarily based in your particular person wants. The views expressed within the report are that of the creator entity and don’t signify the views of BloombergQuint.

Users haven’t any license to repeat, modify, or distribute the content material with out permission of the Original Owner.



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