Trent’s shares rose nearly 2% as Q3 FY25 net profit grew 33% to Rs 497 crore. Revenue increased by 34% to Rs 4,657 crore. The company expanded its store portfolio to over 850 large-box fashion stores. While earnings met expectations, revenue fell short, leading some analysts to adjust target prices. Trent’s management remains optimistic about future growth.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs