Trent Issues Update For March Quarter Revenue, Goldman Sachs Has Buy

Trent Ltd share price will remain in focus on April 7, 2025 on the bourses after the company issued key update on its Q4 and financial year 2024-25 revenue. Earlier, the Tata Group stock plunged by 2.03% to Rs 5561.25 per share on Bombay Stock Exchange (BSE). The company has a market capitalisation of Rs 1,97,695.46 crore. Its return on equity (ROE) is hovering at 37.06%. Meanwhile, Trent shares witnessed gain of 11.27% in last 30-days as Sensex surged 3.25% and BSE Consumer Discretionary index soared 2.52%. However, the stock declined 21.31% year-to-date. It is worth mentioning that SBI Life Insurance Co. Ltd has 1.90% stake in Trent Ltd. FII/FPI’s holdings came down from 26.62% to 21.68% for December 2024 quarter. Check more details below:

Trent Issues Big Update On March Quarter Revenue

The company announced that revenue for Q4FY25 jumped 28% to Rs 4,334 crore as against Rs 3381 crore declared in the Q4FY24. The annual revenue growth declared at 39% to Rs 17,624 crore for FY25 from Rs 12,669 crore reported in FY24.

Meanwhile, as of March 31, 2025, the companies stores portfolio included 248 Westside, 765 Zudio, (including 2 in UAE), and 30 stories across other Lifestyle concepts. The company opened 13 Westide stores and 132 Zudio outlets. For FY25, it opened 40 new Westside stores and 244 new Zudio stores.

Trent Share Performance

The 52-week high of Trent Ltd stock price on BSE is Rs 8,345.85 per share (as on 14/10/2024) and 52-week low price is Rs 3801.05 per share (as on 07/02/2024), respectively. Trent share slipped 23.89% in last 3-months, fell 24.45% in last 6-months, and rallied 38.99% in last 1-year. In last 2-years, the stock delivered triple digit returns of 309.71%. The stock offered impressive rally of 1130.91% in last 5-years span.

Trent Shares Slip 33.37% From 52-Week High

The stock recorded a fall of 33.37% from 52-week high price of 8345.85 per share on Bombay Stock Exchange (BSE) at last trading price of Rs 5561.25 per share.

Trent Q3 Results

Trent Ltd announced a surge of 34% year-on-year (YoY) in its net profit to Rs 496.54 for Q3FY25 crore as against Rs 370.64 crore reported in the corresponding quarter of last year. It declared revenue from operations at Rs 4656.56 crore for the quarter under review, indicating a growth of 34% YoY. The company reported the total income at Rs 4715.64 crore for Q3FY25, up 33% YoY from Rs 3546.95 crore announced in Q3FY24. Its total expenses zoomed to Rs 4096.08 crore for the quarter ended December 31, 2024 as against Rs 3101.44 crore in the similar quarter of last year. Trent declared its EPS for Q3FY25 at Rs 13.99 from 10.53 in Q3FY24.

Should You Buy Trent Shares?

Earlier this year in March, brokerage firm Macquarie recommended “outperform” rating with target price of Rs 7,000 per share. Meanwhile, Goldman Sachs has recommended buy call with target price of Rs 8,120 per share

Trent About

Trent Limited is part of the Tata Group and operates a portfolio of retail concepts. The primary customer propositions of Trent include Westside, one of India’s leading chains of fashion retail stores, Zudio, a one stop destination for great fashion at great value and Star, which operates in the competitive food, grocery and daily needs segment. Westside stores have a footprint of predominantly between 20,000-30,000 sq. ft. across 86 cities. Westside stocks a broad range of products ranging from apparel, footwear, accessories to cosmetics and perfumes to home accessories and gifts amongst others.

Disclaimer: The stock has been picked from the brokerage report of Macquarie and Goldman Sachs. Moneydaily.in, the author, and the respective brokerage house will not be held accountable for any losses caused as a result of decisions based on the article. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.