Future Lifestyle Q3 net down 98% at Rs 1.85 crore

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Press Trust of India New Delhi
Last Updated : Feb 05 2015 | 5:05 PM IST
Future Lifestyle Fashions reported a 98 per cent decline in its net profit at Rs 1.85 crore for the third quarter ended December 31, 2014.
The company had posted a net profit of Rs 93.39 crore in the same quarter last year on account of other income of Rs 139.77 crore.
In the third quarter ended December 31, 2014, other income was at Rs 11.81 crore.
Net sales of Future Lifestyle Fashions during the quarter under review stood at Rs 723.47 crore, up 9.84 per cent as against Rs 658.62 crore in the same period of the previous fiscal.
Overall expenses during the quarter jumped to Rs 710.21 crore, up 11.59 per cent compared with Rs 636.42 crore in the corresponding period last year.
Shares of the company closed at Rs 81.90 apiece, down 5.10 per cent from the previous close on the BSE.
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First Published: Feb 05 2015 | 5:05 PM IST

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