{
  "id": 17194558,
  "title": "Trent Shares Surge Nearly 7% After Q2 Profit Jumps 25%, Market Valuation Reaches ₹1.62 Lakh Crore",
  "url": "https://urgent.news/2026/10/30/trent-shares-surge-nearly-7-after-q2-profit-jumps-25-market-valuation",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-30T06:53:28.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/trent-shares-surge-nearly-7-after-q2-profit-jumps-25-market-valuation-reaches-162-lakh-crore"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "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…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}