Trent Limited Financial Summary FY 2024
Standalone Financial Results:
- Revenue from Operations: INR 11,926.56 Crores (a significant increase from INR 7,715.19 Crores in FY 2023).
- Total Income: Increased to INR 12,277.49 Crores from INR 8,126.89 Crores in the previous year.
- Net Profit: INR 1,435.82 Crores (up from INR 554.57 Crores in FY 2023).
- Earnings Per Share (EPS): INR 40.39 (compared to INR 15.60 in FY 2023).
- Dividend: A proposed dividend of INR 3.20 per equity share.
Key Ratios:
- Debt to Equity Ratio: Decreased to 0.39 from 1.40.
- Net Profit Margin: Increased to 8.75% from 7.30%.
- Current Ratio: Improved slightly to 2.68 from 2.63.
Assets and Liabilities:
- Total Assets: INR 7,458.08 Crores.
- Total Liabilities: Reduced to INR 3,010.89 Crores from INR 5,241.18 Crores.
- Net Worth: Increased to INR 4,447.19 Crores from INR 3,079.94 Crores.
Consolidated Financial Results:
- Revenue from Operations: INR 12,375.11 Crores (previously INR 8,242.02 Crores).
- Net Profit: INR 1,477.46 Crores (compared to INR 393.63 Crores in FY 2023).
- Total Comprehensive Income: INR 1,490.29 Crores.
Key Ratios:
- Debt to Equity Ratio: Improved to 0.43 from 1.68.
- Net Profit Margin: Enhanced to 8.51% from 4.85%.
- Current Ratio: Stabilized at 2.75, slightly up from 2.71.
Key Financial Moves:
- Exceptional Gains: Significant exceptional gains were recorded due to reassessment of lease terms and related security deposits.
Auditor’s Report:
- Deloitte Haskins & Sells LLP provided unmodified opinions on both standalone and consolidated financial results, affirming the reliability of the financial statements presented.
This summary encapsulates Trent Limited’s robust growth and improved financial health in FY 2024, reflecting a strong performance trajectory beneficial for current and potential investors.
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