Future Group&aposs retail arm Pantaloon Retail India Ltd today announced a net profit of Rs 33.54 crore for the second quarter ended December 31, 2008, up 5.97 per cent over the corresponding period a year ago.
The company had a net profit of Rs 31.65 crore in the same quarter last fiscal, Pantaloon Retail India said in a filing with the Bombay Stock Exchange.
Total income increased to to Rs 1,527.20 crore for the quarter under review from Rs 1,228.07 crore in the same period previous fiscal.
For the half-year period ended December 31, 2008, the company&aposs net profit rose to Rs 69.72 crore from Rs 6134 crore in the same period last year.
While, the total income of the company jumped up to Rs 3039.57 crore during the six-month period under review from Rs 2315.24 crore in the same period last fiscal.
Pantaloon Retail operates multiple retail formats in both the value and lifestyle segment of the Indian consumer marker. It operates over 1000 stores across 61 cities in India.
Its principal formats include Pantaloons, a chain of fashion outlets; Big Bazaar, an Indian hypermarket chain and Food Bazaar, a supermarket chain.
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