(PTI) Shares of Trent Ltd jumped over 6 per cent in the morning trade on Thursday after the Tata group retail firm reported a rise in net profit for the third quarter.
In the morning session, the firm's scrip surged 6.37 per cent to ₹1,314.75 apiece on the NSE.
The stock witnessed a similar movement on the BSE, where it jumped 6.28 per cent to ₹1,313.35 per share.
Meanwhile, the 30-share BSE Sensex was trading 71.29 points or 0.12 per cent higher at 60,735.08 in the morning trade.
On Wednesday, Tata group retail firm Trent Ltd reported a consolidated net profit of ₹154.81 crore for the third quarter ended on December 31, 2022.
It had posted a net profit of ₹113.78 crore in the October-December quarter a year ago, the company said in a regulatory filing.
Its revenue from operations was ₹2,303.38 crore during the quarter under review compared to ₹1,499.08 crore in the third quarter of FY22.
Trent's total expenses were at ₹2,189.62 crore.
