Tuesday, May 21st 06:52 PM IST

Tata group’s Trent Q1 net jumps 25%

Jul 27, 2012

Tata group firm Trent reported 24.61 percent increase in its stand-alone net profit for the quarter ended 30 June at Rs 12.76 crore.

Reuters

The company had posted a net profit of Rs 10.24 crore in the corresponding period last year, Trent said in a filing to the BSE.

The standalone net income of the company during the first quarter also went up by 22.56 per cent to Rs 218.71 crore from Rs 178.45 crore in the year-ago period, it added.

The shares of the company closed 2.25 percent down at Rs 985.50 apiece on the BSE.

PTI

Firstpost encourages open discussion and debate, but please adhere to the rules below, before posting. Comments that are found to be in violation of any one or more of the guidelines will be automatically deleted:

Personal attacks/name calling will not be tolerated. This applies to comments directed at the author, other commenters and other politicians/public figures

Please do not post comments that target a specific community, caste, nationality or religion.

While you do not have to use your real name, any commenters using any Firstpost writer's name will be deleted, and the commenter banned from participating in any future discussions.

Comments will be moderated for abusive and offensive language.

Please read our comments and moderation policy before posting