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Consumer sentiment relatively muted in Q2: Noel Tata, Trent chairman
Trent Limited, a Tata Group company, witnessed a 40% rise in net sales for the quarter ending in September. The retailer's revenue reached Rs 4036 crore, while net profit saw a 46% increase to Rs 423 crore. Despite the growth, consumer sentiment remained subdued. Trent opened 43 new stores during the quarter, expanding its presence to 184 cities.