BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Direct Report
Trent Ltd. has recorded impressive recovery on the growth front, with growth reverting to the positive territory.
Revenue for the quarter grew 7% YoY (6.7% QoQ) to Rs 773.7 crore.
Westside revenue (approximately 80% of sales) were broadly at last year’s levels with negative same stores sales growth of ~4% (negative SSSG of 28% in Q3 FY21).
Zudio continues to perform well with back of the envelope calculations suggesting 30% plus growth in Q4 FY21.
Revenue trajectory had continued to improve on a month-on-month basis but a sharp drop in revenues was witnessed following the temporary partial lockdowns in various states from mid-March onwards.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR