Trent’s profit up 37 per cent in Q2

Tata Group’s retail arm Trent’s net profit has gone up 37 per cent to reach Rs 29 crore for Q2 of current fiscal compared to Rs 21 crore in the same quarter in the last fiscal. In Q1, Trent had posted a profit of Rs 38 crore boosted by pre GST sales in the month of June. The slowdown in July and transition into the GST regime have impacted the figures this quarter.