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Trent Limited posts flat bottom-line

Rohan Takalkar
/ Categories: Trending, Mindshare, Quarterly Results, Markets
Trent Limited reported mixed numbers for the quarter with strong  top-line growth and flattish bottom-line.


The revenue for the quarter rose by 19.5 per cent yoy to Rs. 591 crore in Q1FY19 as compared to Rs. 494 crore in the corresponding quarter the previous year.


The EBITDA for the quarter rose by 21.6 per cent yoy to Rs. 71 crore in Q1FY19 as against Rs. 58 crore in the corresponding quarter the previous year. The EBITDA margins for the quarter rose by 20 bps to 12.0 per cent in Q1FY19 as compared to 11.8 per cent in the previous year


The net profit for the quarter remained flat at Rs. 38 crore in Q1FY19. This was largely due to rise in effective tax rate to 34 per cent in Q1FY19 as compared to 32 per cent in the corresponding quarter the previous year.


The stock of Trent was trading 1.41 per cent down at Rs. 352 per share in the early morning session
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