Future Retail Q1 net rises 4.67 pc to Rs 159 crore

Kishore Biyani-led Future Retail on Wednesday posted a 4.67 per cent rise in consolidated net profit at Rs 159.24 crore for the quarter ended June. The company had reported a net profit of Rs 152.13 crore in the corresponding period year-ago.

Total income during the April-June quarter of the current fiscal stood at Rs 5,206.46 crore, up 13.35 per cent as against Rs 4,593.12 crore in the year ago period, Future Retail said in a regulatory filing. Future Retail at present has a network of 1,557 stores in 437 cities across its brands including Big Bazaar, Easyday, WHSmith, fbb and ezone.

Future Retail shares were trading 2.99 per cent lower at Rs 407.50 apiece on BSE.