Retail major is set to announce its quarterly earnings for the quarter and half year ended on September 30, 2024 (Q2FY25 and H1FY25) on Thursday, November 8. A host of brokerage firms continue to remain positive on the Tata Group's multibagger and expect it to report a strong set of performance in the given period. Brokerage firms are expecting a more than 50 per cent rise in the revenue of Trent on a year-on-year (YoY) basis, while its net profit may rally up 70 per cent on a yearly comparison on the back of new store addition.
On a quarter-on-quarter (QoQ) basis, strong operational performance is expected with a healthy growth in margins. Equirus Securities expects Trent's to report a revenue of Rs 4,542.9 crore, up 57.
2 per cent YoY and 13.8 per cent QoQ. Ebitda is seen at Rs 751.
9 crore, up 63.1 per cent YoY and 23.1 per cent QoQ with margins improving 125 bps sequentially to 16.
6 per cent. PAT is pegged at Rs 497.4 crore, up 71.
7 per cent YoY and 45.4 per cent QoQ. Equirus expects Trent to deliver industry leading performance with SSSG in early teens.
Led by strong revenue growth, operating margins to expansion, despite the contribution of sale. "Demand growth trends and new store openings shall be the key things to watch for," added the brokerage. Axis Securities sees Trent's revenue at Rs 4,481 crore, up 55 per cent YoY and 12.
2 per cent QoQ. Ebitda is seen at Rs 745 crore, up 61.6 per cent YoY and 21.
9 per cent QoQ, with Ebitda margins expanding 132 bps sequentially a.
