New Delhi, Nov 3 (PTI) Shares of Tata group retail firm Trent Ltd on Wednesday jumped over 5 per cent after the company reported a consolidated net profit of Rs 79.99 crore for the second quarter ended September.

The stock zoomed 9.25 per cent to Rs 1,133.25 during the day on BSE. At close of trade, the stock gained 5.34 per cent to settle at Rs 1,092.65.

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On NSE, it jumped 4.96 per cent to close at Rs 1,088.90.

The company had posted a net loss of Rs 78.56 crore in the July-September quarter a year ago, Trent said in a BSE filing on Tuesday.

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Its revenue from operations during July-September 2021 saw over two-fold jump to Rs 1,178.08 crore as compared with Rs 585.37 crore in the year-ago period.

The company's total expenses during the reported quarter stood at Rs 1,116.56 crore, a jump of 57.66 per cent as against Rs 708.20 crore a year ago.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)