Delhi-based value retailer Vishal Retail, in its consolidated result for the quarter ended March 31, 2009, has reported a loss of Rs 114.73 crore as against a profit of Rs 10.4 crore for the corresponding period last year. The company’s revenue for the quarter ended March 31 also declined by 27 per cent at Rs 244 crore as against Rs 334 crore for the corresponding period last year.
Source: Business Standard
