Future Retail has reported results for third quarter ended December 31, 2014.
The company has registered a fall of 75.53% in its net profit at Rs 5.32 crore for the quarter under review as compared to Rs 21.74 crore for the same quarter in the previous year. However, the total income of the company increased 14.09% at Rs 2659.93 crore for Q3FY15 as compared to Rs 2331.33 crore for the corresponding quarter previous year.
Figures for the previous financial period have been re-arranged and re-grouped wherever necessary without any restatement on account of the merged business. Accordingly, the previous corresponding nine month’s period ended on December 31, 2013 are not be comparable with the current period.
Future Retail (formerly known as Pantaloon Retail (India)) is India’s leading retail chain and part of Indian conglomerate Future Group. It operates retail space spread over 11 million square feet. It has a network of more than 1000 stores across 63 cities in India and has employee strength of 30,000 people.
