You are here: Home » Companies » Results
Business Standard

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.

First Published: Tue, September 13 2016. 13:48 IST
RECOMMENDED FOR YOU