Home Retail Koutons unveils Q1FY10 net sales report

    Koutons unveils Q1FY10 net sales report

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    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. Margins was at 23.99% for Q1FY10 compared to 20.4% in Q1FY09.

    Commenting on the company’s performance, , 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”.

    –IndiaRetailing Bureau