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137 per cent leap in PRIL net profit

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Pantaloon Retail (India) Limited, the flagship company of Future Group, declared its unaudited financial results for the quarter ended December 31, 2006 wherein the gross turnover (Rs.795.48 crore) for the quarter increased by 57 per cent; net sales/ income from operations (Rs.752.68 crore) increased by 59.47 per cent; profit before tax (Rs. 65.82 crore) increased by 147 per cent; net profit (Rs.43.97 crore) increased by 137 per cent; and the diluted earning per share (EPS) increased to Rs. 3.24 from Rs.1.46.

According to segment wise breakup – the profit before tax and interest from the Value Retailing segment increased to Rs.42.65 crore from Rs.24.66 crore (as of December 31, 2005) whereas the profit before tax and interest from the Lifestyle Retailing segment increased to Rs.27.70 crore from Rs.19.15 crore (as of December 31, 2005).

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