The company had outstanding orders of ₹828 crore as of December 2023, up 47% from FY23, driven by a strategic shift towards the oil and gas sector and pricing advantages over rivals. This resulted in a bid-to-win ratio of 46-81% over the last four years.
Trent’s margins may stabilise as growth enters a cautious phase: Jignanshu Gor
Trent Ltd. is entering a more measured growth phase after sharp expansion, with Q4 performance showing improved margins due to operational efficiency and a better