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Our Bureau

Mumbai, June 30

Trent Ltd has reported a marginal rise in net profit for the quarter ended March 31, 2007 at Rs 7.1 crore, against Rs 6.98 crore logged in the same period last year. Total income went up by 19.04 per cent to Rs 114.49 crore from Rs 96.17 crore. For the full year, net profit was up 33 per cent to Rs 32.41 crore against last year’s Rs 24.37 crore. Total income went up by 32 per cent to Rs 472.41 crore from Rs 357.59 crore. The company said during the year, four new W estside Stores were opened, bringing the total number to 27. Out of Rs 50.13 crore received from the preferential issue of equity shares to Tata Sons Ltd and Tata Investment Corporation Ltd, Rs 5.67 crore have been utilised towards objects of the issue and pending utilisation. —

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