India's Trent Limited reported its Q3 FY2025 earnings, revealing a net profit of ₹496.5 crore, which represents a 34% increase year-over-year but falls short of analysts' expectations of ₹519 crore. The company's revenue grew by 34.3% to ₹4,656.6 crore, compared to ₹3,466.6 crore in the same quarter last year. EBITDA also saw a significant rise, increasing by 34% to ₹842 crore from ₹629 crore year-over-year. Despite the positive growth in revenue and profit, Trent's profit margins remained flat at 18.1%. The retailer's performance was bolstered by strong festive demand, although the stock faced pressure following the announcement of a store consolidation plan for its Zudio brand, leading to a decline in share prices. Additionally, Morgan Stanley maintained an 'overweight' rating on Trent after the earnings report.