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Future Enterprises Q1 net profit at Rs 315.48 crore

The company informed that 'figures are not comparable with the previous year/quarter' due to demerger of the retail business

Press Trust of India  |  New Delhi 

Image via Shutterstock
Image via Shutterstock

Homegrown retail major on Tuesday reported a standalone net profit of Rs 315.48 crore for the first quarter ended June 2016.

The company, earlier known as Future Retail, had posted a net profit of Rs 44.10 crore in the April-June quarter of the previous financial year.



(FEL) net sales stood at Rs 921.19 crore in the quarter under review as compared to Rs 2,846.84 crore in the year-ago period, the company said in a BSE filing.

FEL informed that "figures are not comparable with the previous year/quarter" due to demerger of the retail business into Bharti Retail and demerger of the retail infrastructure of FRL into the company.

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Future Enterprises Q1 net profit at Rs 315.48 crore

The company informed that 'figures are not comparable with the previous year/quarter' due to demerger of the retail business

The company informed that 'figures are not comparable with the previous year/quarter' due to demerger of the retail business Homegrown retail major on Tuesday reported a standalone net profit of Rs 315.48 crore for the first quarter ended June 2016.

The company, earlier known as Future Retail, had posted a net profit of Rs 44.10 crore in the April-June quarter of the previous financial year.

(FEL) net sales stood at Rs 921.19 crore in the quarter under review as compared to Rs 2,846.84 crore in the year-ago period, the company said in a BSE filing.

FEL informed that "figures are not comparable with the previous year/quarter" due to demerger of the retail business into Bharti Retail and demerger of the retail infrastructure of FRL into the company.
image
Business Standard
177 22

Future Enterprises Q1 net profit at Rs 315.48 crore

The company informed that 'figures are not comparable with the previous year/quarter' due to demerger of the retail business

Homegrown retail major on Tuesday reported a standalone net profit of Rs 315.48 crore for the first quarter ended June 2016.

The company, earlier known as Future Retail, had posted a net profit of Rs 44.10 crore in the April-June quarter of the previous financial year.

(FEL) net sales stood at Rs 921.19 crore in the quarter under review as compared to Rs 2,846.84 crore in the year-ago period, the company said in a BSE filing.

FEL informed that "figures are not comparable with the previous year/quarter" due to demerger of the retail business into Bharti Retail and demerger of the retail infrastructure of FRL into the company.

image
Business Standard
177 22

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