Trent Q1 profit and EBITDA beat estimates as margin expands to 19.6%
Trent reported Q1 standalone net profit of Rs 532 crore, up 25.8% year on year, while EBITDA rose 32.5% to Rs 1,110 crore. EBITDA margin expanded 210 basis points to 19.6%, though revenue growth remained below 20% for a fifth straight quarter.
Tata Group retailer Trent reported Q1 standalone profit and EBITDA above Street estimates. Net profit rose 25.8% to Rs 532 crore, while EBITDA grew 32.5% to Rs 1,110 crore and margin expanded 210 basis points to 19.6%.
Why this matters
Trent's results follow a recent signal that the stock slipped before Q1 earnings as revenue growth stayed below 20%; the profit and margin beat shows earnings outpaced the top-line slowdown.
Retail-company signals are accelerating, up 167,133% QoQ.