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Future Retail reports over two fold jump in Q3 net profit

15 Feb 2016 Evaluate

Future Retail has reported results for third quarter ended December 31, 2015.  

The company has reported over two fold jump in its net profit at Rs 14.68 crore for the quarter ended December 31, 2015 as compared to Rs 5.32 crore for the same quarter in the previous year. The company’s total income has increased by 25.38% to Rs 3334.80 crore for the quarter under review from Rs 2659.73 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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