Vishal Retail disclosed a 34.66% rise in its standalone net profit for the quarter ended June 2008. During the quarter, the profit of the company stood at Rs 140.11 million compared with Rs 104.04 million in the quarter ended March 2008.
Net sales increased 18.25% to Rs 3,765.49 million, while total income for the quarter rose 17.59% to Rs 3,784.31 million when compared with the previous quarter ended March 2008.
The company reported 35.79% increase in earnings of Rs 6.26 a share as against Rs 4.61 a share over the previous quarter.
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