Provogue (India) reports 57% fall in Q1 net profit

16 Aug 2012 Evaluate

Provogue (India) has reported results for first quarter ended June 30, 2012.

The company has reported a fall of 56.74% in its net profit at Rs 3.08 crore for the quarter under review as compared to a net profit of Rs 7.12 crore for the same quarter in the previous year. The total income from operation of the company has decreased marginally by 4.20% at Rs 103.35 crore for Q1FY13 as compared Rs 107.88 crore for the corresponding quarter previous year.

Provogue (India) is engaged in retailing of apparels and accessories in men and women segment. Provogue fashions and accessories were available across 124 Provogue stores and 104 national chain store locations.

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