Kishore Biyani-promoted Pantaloon Retail today reported a jump of 51.07 per cent in its third quarter net profit at Rs 50.67 crore.

The company had a net profit of Rs 33.54 crore during the same quarter last fiscal, Pantaloon Retail (India) said in a statement.

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During the quarter, paid up equity share capital (including Class B Shares) increased from Rs 38,06,41,346 to Rs 41,22,85,746 on account of allotment of 1,58,22,200 equity shares of face value of Rs 2 each at a premium of Rs 314 per share to Qualified Institutional Investors, the statement added.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets end lower ahead of May F&O expiry - Parsvnath posts Rs 23 cr loss in Q4 - Educomp net down 57% at Rs 61 cr in Jan-Mar qtr - DLF Q4 net plunges 39% to Rs 211 cr - Provogue Q4 net profit down 71% at Rs 1.81 cr

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