Retailigence

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Pantaloon Retail posts 39 per cent increase in net sales in Q1

Posted by retailigence on October 22, 2008

Pantaloon Retail India Ltd, part of the Kishore Biyani-led Future Group, has declared its unaudited financial results for the quarter ended September 30, 2008.

Wherein the gross turnover (Rs 1,511.21 crore) for the quarter increased by 39 per cent; profit from operations before other Income and interest (Rs 122.97 crore) increased by 53 per cent.

Pantaloon Retail, India’s leading retailer, operates multiple retail formats in both the value and lifestyle segment of the Indian consumer marker. Headquartered in Mumbai, the company operates 8.6 million square feet of retail space.

Sources :- indiaretailing

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