Trent reported its earnings show for the second quarter ended September on November 7, which came in under expectations. This caused the Street to sell off shares of the Tata group firm in the previous session, leading to Trent shares toppling over 10% since the results were announced. However, despite the sour sentiment, brokerages and analysts are still overwhelmingly positive on the firm.
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Reported Standalone quarterly numbers for Prince Pipes & Fittings are: Net Sales at Rs 622.07 crore in September 2024 down 5.24% from Rs. 656.45 crore in September 2023. Quarterly Net Profit at Rs. 14.71 crore in September 2024 down 79.18% from Rs. 70.63 crore in September 2023. EBITDA stands at Rs. 49.63 crore in September 2024 down 49.42% from Rs. 98.13 crore in September 2023.
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Reported Standalone quarterly numbers for United Nilgiri Tea Estates Company are: Net Sales at Rs 24.98 crore in September 2024 up 30.4% from Rs. 19.16 crore in September 2023. Quarterly Net Profit at Rs. 6.44 crore in September 2024 up 65.74% from Rs. 3.89 crore in September 2023. EBITDA stands at Rs. 7.79 crore in September 2024 up 36.19% from Rs. 5.72 crore in September 2023.
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