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Pantaloon Retail net profit up by 15 per cent

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Pantaloon Retail, a Future Group company, has registered a net profit of Rs 18.71 crore for Q3 ending March 31, 2006. This is 15.28 per cent higher compared to Rs 16.23 crore in the same period last year.

The company registered Rs 861.04 crore of net sales in fourth quarter of FY07, compared to Rs 455.39 crore in the corresponding period previous year. The net went up to Rs 101.32 crore from Rs 48.32 crore in the nine months ending March 31, 2007. This is a rise of about 109 per cent compared to same period last year.

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