Trent, the retailing arm of Tata Group that was run by Noel Tata till a couple of months back, reported a 130 per cent year-on-year increase in net profit at R12 crore for the quarter ended September 2010 against R5.2 crore on healthy revenue growth.
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Revenues grew 26.5 per cent to R173 crore in the second quarter, compared to R136 crore in the year-ago period.
Other income for the quarter also rose from R5 crore to R15 crore.
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