Home Retail Pantaloon Retail’s FY10 net profit at Rs.1,795.6 million

    Pantaloon Retail’s FY10 net profit at Rs.1,795.6 million

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    (PRIL) has posted a of Rs.1,795.6 million for the financial year ended June 30, 2010. The for FY 2009 stood at Rs.1,405.8 million.
    The company’s total income for the year ended June 30, 2010 stood at Rs.60,190 million, as compared to the Rs.63,477.6 million reported a year ago.

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    Besides, the company's board has approved acquisition of online and offline rights of global brand Forever 21 for the Indian market.

    The Group has posted a net profit after minority interest of Rs.674.9 million for the financial year ended June 30,2010. In FY 2009, the group had posted net profit after minority interest of Rs.100.7 million. Total income for FY10 stood at Rs.99,130 million, a substantial increase from the Rs.77648 million reported for the year ended June 30, 2009.

    — IndiaRetailing Bureau