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Future Retail reports 91% fall in Q1 net profit

07 Aug 2015 Evaluate

Future Retail has reported results for first quarter ended June 30, 2015.

The company has reported 90.82% fall in its net profit at Rs 6.10 crore for the quarter ended June 30, 2015 as compared to Rs 66.48 crore for the same quarter in the previous year. However, the company’s total income has increased by 22.39% to Rs 2908.69 crore for the quarter under review, from Rs 2376.67 crore for the corresponding quarter of the previous year.

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 more than 11 million square feet.

Peers
Company Name CMP
Avenue Supermarts 3687.90
Trent 2804.40
Vishal Mega Mart 101.50
Aditya Birla Life 83.43
PN Gadgil Jewellers 613.50
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