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BTCC / BTCC Square / Global Cryptocurrency /
Trent Shares Dip Amid Slower Growth Despite Profit Beat

Trent Shares Dip Amid Slower Growth Despite Profit Beat

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-08-07 12:15:01
0
BTCCSquare news:

Trent Limited's shares fell 0.48% to ₹5,331 as the Tata Group retailer reported its slowest revenue growth in two years, despite exceeding profit expectations for the June quarter. Revenue growth decelerated sharply to 20% year-on-year, down from 57% in the same period last year.

Brokerages maintained buy ratings but slashed target prices, reflecting concerns over the growth slowdown. Citi reduced its target to ₹7,150, while MOSL trimmed its outlook to ₹6,400. Bernstein termed the revenue performance a "significant disappointment" despite retaining an outperform rating.

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