Trent Posts 23 Percent Profit Rise on Apparel Sales
India's Trent reported a twenty-three percent rise in quarterly profit driven by strong apparel sales and store expansion. The Tata Group retailer posted a consolidated net profit of 4.64 billion rupees for the quarter ending September.
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TRENT LTD posted a 23% rise in second-quarter net profit to 4.64 billion rupees ($48.7 million), driven by robust apparel demand. The earnings growth outpaced a broader retail slowdown across India's discretionary sector. The strong performance highlights the resilience of low-cost fashion chains amid rising inflationary pressures.
