Koutons Retail India Ltd., reported net sales of Rs 201.3 crore, for the quarter ended 30th June, 2009 as compared to Rs. 157.84 crore in corresponding period of last fiscal year, registered a growth of 27.54%.
Profit after tax registered a growth of 6.07% to Rs 11.50 crore, as compared to Rs 10.84 crore in Q1FY09. EPS for Q1FY10 was at Rs 3.76, as compared to Rs3.55 in Q1FY09. EBITDA Margins was at 23.99% for Q1FY10 compared to 20.4% in Q1FY09.
Commenting on the company’s performance, DPS Kohli, chairman, Koutons Retail India Ltd., said, “The results are in line with our expectations. Our products have shown the desired sales mark up leading to closing the quarter on a positive note. We are confident of taking the company’s growth agenda forward in the subsequent quarter to meet the expectation of our stakeholders”.