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Future Retail Q3 profit slumps 17% to Rs 165 cr, total income falls 3%

Total income fell 3.07 per cent to Rs 5,208.89 crore during the quarter under review from Rs 5,374.12 crore in the corresponding quarter last year.

Press Trust of India  |  New Delhi 

Future Retail
Shares of Future Retail Ltd on Thursday closed 1.86 per cent higher at Rs 377.10 on the BSE.

Kishore Biyani-led Ltd on Thursday reported a 16.72 per cent decline in consolidated net profit at Rs 164.56 crore for the third quarter ended December.

The company had reported a net profit of Rs 197.60 crore in October-December quarter a year ago, said in a regulatory filing.

Total income fell 3.07 per cent to Rs 5,208.89 crore during the quarter under review from Rs 5,374.12 crore in the corresponding quarter last year.

Total expenses were 2.58 per cent lower at Rs 5,042.46 crore as compared with Rs 5,176.52 crore a year ago.

has a network of 1,500 stores in over 400 cities. Its hypermarket and supermarket business is led by Big Bazaar, Big Bazaar GEN NXT, HyperCity, Foodhall, fbb, Food Bazaar, Easyday Club and Heritage Fresh.

Shares of Future Retail Ltd on Thursday closed 1.86 per cent higher at Rs 377.10 on the BSE.

First Published: Thu, February 13 2020. 18:12 IST
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