Vishal Retail Q2 net dips 66% at Rs 5 cr

Diversified retail player Vishal Retail said its net profit for the second quarter dipped by 66 per cent at Rs 4.76 crore over the corresponding period a year ago.

The company had a net profit of Rs 14 crore in the previous comparable quarter, it said in a filing to the Bombay Stock Exchange.

Total income plunged by 57.52 per cent at Rs 160.75 crore (Rs 378.43 crore).