Future Lifestyle Q1 Net falls 30% to Rs 2.48 crore

Future Lifestyle Fashion Ltd (FLFL), part of Kishore Biyani-led Future Group, today reported 30.33 per cent decline in net profit at Rs 2.48 crore for the first quarter ended June 30, 2015.
The company had posted a net profit of Rs 3.56 crore in the same quarter last year, Future Lifestyle said in a BSE filing.
Net sales of Future Lifestyle Fashions during April-June period remained flat at Rs 684.34 crore as against Rs 683.06 crore in the same period a year ago, it added.
During the quarter, FLFL's overall expenses increased by 2.85 per cent to Rs 674.88 crore as compared to Rs 656.15 crore in the same quarter a year ago.

Shares of the company were trading 2.24 per cent up at Rs 86.90 apiece on the BSE.