Trent Shares Surge Nearly 7% After Q2 Profit Jumps 25%, Market Valuation Reaches ₹1.62 Lakh Crore
Mumbai: Shares of Tata Group-owned retail company Trent Ltd surged nearly 7 percent on Friday, October 30, after the company reported a 25 percent year-on-year increase in consolidated net profit for the September quarter of FY27. The stock touched an intraday high of Rs 3,060 on the National Stock Exchange (NSE), marking a gain of approximately 6.93 percent from its previous closing price of Rs…
Tata-owned retail firm Trent Ltd experienced a significant 7% increase in its shares on Friday, October 30, following a sharp rise in profit for the quarter ending September 30, 2026. The company reported a 25% increase in consolidated net profit, reaching ₹468 crore, with a total consolidated revenue of Rs 5,873 crore. Trent's shares closed at a high of ₹3,060 on the National Stock Exchange, up 6.93% from the previous day's closing price of ₹2,861.70.
The stock's market capitalization reached approximately ₹1.62 lakh crore, indicating strong investor interest. Trent's 52-week high stands at ₹3,399.70, while its low is ₹2,183.66. The company's operating earnings, before interest, tax, depreciation, and amortisation, rose 37% to ₹785 crore, demonstrating stronger profitability despite inflationary pressures.
For the first half of FY27, Trent's consolidated revenue increased by 20% to Rs 11,628 crore, while its net profit climbed by 24% to ₹986 crore. The sharp surge in Trent's shares followed its strong quarterly performance, driven by higher revenue, improved operating earnings, and profit growth.
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