Future Lifestyle Fashion Q1 net jumps 42.3% to Rs 3.53 crore

Shares of the comapny ended 2.13% up at Rs 129.50 on the BSE

Future Lifestyle Fashion Ltd (FLFL), part of Kishore Biyani-led Future Group, today reported a 42.33% increase in its standalone net profit at Rs 3.53 crore for the first quarter ended June 30.

The company had posted a net profit of Rs 2.48 crore in the April-June quarter a year ago, FLFL said in a BSE filing.

FLFL's net sales were up 14.85% during the quarter under review to Rs 785.97 crore as against Rs 684.34 crore in the corresponding quarter of the previous financial year.

Its total expenses were also up 13.94% to Rs 769.01 crore as against Rs 674.88 crore in the previous year.

 

Shares of FLFL ended 2.13% up at Rs 129.50 on the BSE.