Koutons Retail India reports net loss of Rs 69.66 crore in Q4

Koutons Retail India has reported results for fourth quarter and year ended March 31, 2012.

On standalone basis, the company has reported net loss of Rs 69.66 crore for the quarter ended March 31, 2012, against net loss of Rs 9.11 crore for the corresponding period last fiscal. Total income decreased by 86.27% at Rs 14.32 crore during the quarter under review from Rs 104.29 crore in the year-ago period.

The company has reported net loss of Rs 193.81 crore for the year ended March 31, 2012, against net loss of Rs 314.56 crore in last fiscal. Total income decreased by 69.48% at Rs 164.46 crore from Rs 538.96 crore in the year-ago period.