Trent Share Price Rallies On Wednesday Upon Reaching A Milestone Of 1000+ Stores

Trent share price experienced a significant rise on Wednesday. It was up 1.92% and was trading at ₹5,6385.95. This surge followed an announcement from the company. Trent revealed it has surpassed 1,000 large-format fashion stores. This includes 248 Westside stores and 757 Zudio stores.

Extensive Customer Reach and Brand Portfolio

The Westside and Zudio brands have collectively served over 100 million customers. This reach spans across 230 cities in India. Trent is a subsidiary of the Tata Group. The company operates a diverse portfolio of retail brands.

Westside is recognised as a leading fashion chain in India. Zudio caters to value-conscious consumers. Trent Hypermarket operates under the Star banner. It focuses on groceries and daily essentials. Samoh is a high-end occasion wear brand.

Trent’s Financial Performance in Q3 FY25.

Trent reported a substantial increase in net profit. The net profit rose by 34%. It reached ₹496.54 crore. This is on a consolidated basis. The company also saw a 34.33% increase in revenue from operations. The revenue reached ₹4,656.56 crore. These figures are for Q3 FY25. They are compared to Q3 FY24.

Conclusion

Trent share price rally reflects investor confidence in its expansion strategy. The company’s growing store network and strong financial performance are key factors. The successful expansion of Zudio and Westside contributes significantly to its growth. The company demonstrates strong financial health.

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