May 3, 2018 / 11:50 AM / 22 days ago

BRIEF-India's Trent March-Qtr Profit More Than Halves

May 3 (Reuters) - Trent Ltd:

* MARCH QUARTER NET PROFIT 116.6 MILLION RUPEES VERSUS PROFIT 252.6 MILLION RUPEES YEAR AGO

* MARCH QUARTER REVENUE FROM OPERATIONS 5.29 BILLION RUPEES VERSUS 4.48 BILLION RUPEES YEAR AGO

* RECOMMENDEDDIVIDEND OF 1.15 RUPEES PER SHARE

* TRENT - APPROVED ENABLING RESOLUTION FOR RAISING FUNDS, THROUGH ISSUE OF COMMERCIAL PAPER, UP TO 2 BILLION RUPEES TO REFINANCE EXISTING BORROWINGS

* APPROVES RAISING OF FUNDS BY ISSUE OF NCDS UP TO AN AMOUNT NOT EXCEEDING 5 BILLION RUPEES Source text - bit.ly/2HPo97g Further company coverage:

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