NEW DELHI, Feb 13: Homegrown retail major Future Retail today said its standalone net profit nearly trebles to Rs 14.68 crore for the third quarter ended December 31, on the back of higher sales.
The company had posted a net profit of Rs 5.32 crore in the October-December period of the previous fiscal.
Future Retail’s net sales stood at Rs 3,266.32 crore in the quarter under review, up 24.85 per cent, as against net sales of Rs 2,276.3 crore in the year-ago period, the company said in a BSE filing.
Overall expenses during the quarter increased 28.43 per cent at Rs 3,177.89 crore from Rs 2,474.36 crore compared to the corresponding quarter of the previous fiscal. (PTI)
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