Home Retail Pantaloon Retail posts 39 per cent increase in net sales in Q1

    Pantaloon Retail posts 39 per cent increase in net sales in Q1

    By  
    SHARE

    , part of the -led , has declared its unaudited financial results for the quarter ended September 30, 2008.

    Aditya Birla Fashion & Retail posts Rs 109 crore loss for Q4
    Besides, the company's board has approved acquisition of online and offline rights of global brand Forever 21 for the Indian market.

    Wherein the gross turnover (Rs 1,511.21 crore) for the quarter increased by 39 per cent; profit from operations before other Income and interest (Rs 122.97 crore) increased by 53 per cent.

    Pantaloon Retail, India’s leading retailer, operates multiple retail formats in both the value and lifestyle segment of the Indian consumer marker. Headquartered in Mumbai, the company operates 8.6 million square feet of retail space.