Future Retail posts Rs 8 cr net loss

Posts net sales of Rs 2,485 crore as compared to Rs 2,263 crore a year ago

Kishore Biyani
BS Reporter Mumbai
Last Updated : Nov 14 2014 | 8:21 PM IST
Kishore Biyani-led Future Retail posted a net loss of Rs 8 crore for the September quarter of current financial year. The loss remains the same as the corresponding quarter of the previous financial year.

The company said its corresponding quarter's numbers are not comparable as its subsidiary Future Value Retail was merged with itself.

The company posted net sales of Rs 2,485 crore for the September quarter of FY 2015 as compared to Rs 2,263 crore in the corresponding quarter of previous financial year.

Future Retail's stock ended the day at Rs 105.45, nearly 1.25% higher than previous close.
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First Published: Nov 14 2014 | 7:04 PM IST

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