Future Retail has reported results for the first quarter ended March 31, 2013
The company has reported a fall of 54.51% in its net profit at Rs 2.47 crore for the quarter ended March 31, 2013 as compared to Rs 5.43 crore for the same quarter in the previous year. Total income from operation of the company has decreased by 17.58% at Rs 940.69 crore for quarter under review as compared to Rs 1141.34 crore for the quarter ended March 31, 2012.
Future Retail 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.
