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Pantaloon Retail total income jumps by 52%

Agencies

Posted: 2008-09-20 18:07:49+05:30 IST
Updated: Sep 20, 2008 at 1807 hrs IST

Pantaloon Retail, a part of Future Group, said its total income rose by 52 per cent to Rs 5052.67 crore in FY 2007-08 as compared to Rs 3328.77 crore during the last fiscal.

Pantaloon Retail follows the July-June financial year.

During the period under review, the net profit of the company increased by 111 per cent (excluding extraordinary income) to Rs 125.97 crore, a press release issued here said.

The company had posted a net profit of Rs 119.99 crore in FY 2006-07, which included an extraordinary income of profit from sale of investments of Rs 88.87 crore.

The Board of Directors have recommended a dividend of 30 per cent per equity share of face value of Rs 2.

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