Tata group company Trent had a strong Q4FY24, delivering 53 per cent year-on-year (Y-o-Y) revenue growth (standalone) and 125 per cent Y-o-Y operating profit growth in Q4FY24. Gross margin expanded 449 basis points (bps) Y-o-Y, driving the beat of consensus. There was an acceleration of Zudio store additions, as well as outperformance versus its peers. The margin expansion was backed by better return on invested capital (ROIC).
Bu hikaye Business Standard dergisinin May 01, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin May 01, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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