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Koutons announces Q3 result

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Koutons Retail India Ltd, fashion wear brand in India, reported net sales of Rs.269.38 crore for the quarter ended 31st December, 2009 as compared to Rs.228.95 crore in the corresponding quarter of last fiscal year, registering a growth of 17.65 per cent.

Net Profit for Q3 FY10 was at Rs. 50.89 crore, as compared to Rs. 43.74 crore in corresponding period of last fiscal year. Thus, registering a growth of 18.62 per cent.

DPS Kohli, chairman, Koutons Retail India Ltd said, “Our robust performance from quarter over quarter signifies the strong fundamentals of the company. It is a testimonial that our growth agenda is on track. The innovations at Koutons have brought in fruitful results for our stakeholders and we are confident of building a stronger base for future growth.”

At present Koutons Retail India Ltd has 1360 outlets across India.

— IndiaRetailing Bureau

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