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Trent Ltd [Lakme Ltd]’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by (51.08) % in YoY and decreased by 4.87 % in QoQ

May 2, 2024May 2, 2024| adminadmin| 0 Comments| 12:00 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 51.08 % in the past year, decrease in net sales/revenue by -4.87 %.
  • Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 29.17 %. Marginal increase in other income during this quarter, up by 7.99%.
  • Profit over the Year and quarter: Significant improvement in profitability for Trent Ltd [Lakme Ltd]. Notable increase of 1482.07 % in net profit Year to Year, Trent Ltd [Lakme Ltd]’s profitability increased by 92.12 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 1,203.29 % Year to Year. EPS increased by 88.13 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Trent Ltd [Lakme Ltd]”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 2182.75 Cr Rs. 3466.62 Cr Rs. 3297.7 Cr -4.87 % + 51.08 %
Expenses Rs. 1979.73 Cr Rs. 2838.1 Cr Rs. 2828.06 Cr -0.35 % + 42.85 %
Operating Profit Rs. 203.02 Cr Rs. 628.52 Cr Rs. 469.64 Cr -25.28 % + 131.33 %
OPM % 9.3 % 18.13 % 14.24 % -3.89 % + 4.94 %
Other Income Rs. 91.97 Cr Rs. 110.01 Cr Rs. 118.8 Cr + 7.99 % + 29.17 %
Interest Rs. 91.59 Cr Rs. 98.81 Cr Rs. 32.54 Cr -67.07 % -64.47 %
Depreciation Rs. 136.57 Cr Rs. 164.53 Cr Rs. 212.94 Cr + 29.42 % + 55.92 %
Profit before tax Rs. 66.83 Cr Rs. 475.19 Cr Rs. 342.96 Cr -27.83 % + 413.18 %
Tax % 32.92 % 23.47 % 23.59 % + 0.12 % -9.33 %
Net Profit Rs. 45.01 Cr Rs. 370.64 Cr Rs. 712.09 Cr + 92.12 % + 1482.07 %
EPS in Rs Rs. 1.52 Rs. 10.53 Rs. 19.81 + 88.13 % + 1203.29 %


Today, we’re looking at Trent Ltd [Lakme Ltd]’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 51.08 %. However, it did see a marginal slip of -4.87 % from the previous quarter. Expenses decreased slightly by -0.35 % quarter-on-quarter, aligning with the annual rise of 42.85 %. Operating profit, while up 131.33 % compared to last year, faced a quarter-on-quarter dip of -25.28 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 4.94 %, but a shrinkage of -3.89 % sequentially. Other income rose by 7.99 % compared to the last quarter, despite an annual growth of 29.17 %. Interest expenses dropped significantly by -67.07 % from the previous quarter, yet the year-over-year decrease remains at a moderate -64.47 %. Depreciation costs climbed by 29.42 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 55.92 %. Profit before tax grew annually by 413.18 % but saw a reduction from the preceding quarter by -27.83 %.
Tax expenses as a percentage of profits decreased slightly by -9.33 % compared to last year, with a more notable quarter-on-quarter increase of 0.12 %. Net profit rose by 1482.07 % year-on-year but experienced a 92.12 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1203.29 % but a quarterly rise of 88.13 %. In summary, Trent Ltd [Lakme Ltd]’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 2182.75 Cr Rs. 3466.62 Cr Rs. 3297.7 Cr -4.87 % + 51.08 %
Expenses Rs. 1979.73 Cr Rs. 2838.1 Cr Rs. 2828.06 Cr -0.35 % + 42.85 %
Operating Profit Rs. 203.02 Cr Rs. 628.52 Cr Rs. 469.64 Cr -25.28 % + 131.33 %
Net Profit Rs. 45.01 Cr Rs. 370.64 Cr Rs. 712.09 Cr + 92.12 % + 1482.07 %
EPS in Rs Rs. 1.52 Rs. 10.53 Rs. 19.81 + 88.13 % + 1203.29 %


In reviewing Trent Ltd [Lakme Ltd]’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 51.08 % year-on-year growth, although there was a slight dip of -4.87 % from the previous quarter. Expenses rose by 42.85 % compared to the previous year, with a decrease of -0.35 % quarter-on-quarter. Operating Profit surged by 131.33 % annually, and saw a -25.28 % decrease from the last quarter.
Net Profit showed yearly increase of 1482.07 %, and experienced a 92.12 % increase from the previous quarter. Earnings Per Share (EPS) rose by 1203.29 % annually, however rose by 88.13 % compared to the last quarter. In essence, while Trent Ltd [Lakme Ltd] exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.

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