Management

Pantaloon Retail Q3 net up 51% at Rs 51 cr

Kishore Biyani-promoted Pantaloon Retail today reported a jump of 51.07 per cent in its third quarter net profit at Rs 50.67 crore. - Era Infra Q3 profit surges 85% to Rs 57 cr - Godrej Industries Q3 net up eight times at Rs 44 cr - Hero Honda Q3 net soars 78% on strong sales - SBI Q3 net down 8.4% to Rs 3,305 cr - Lloyds Steel Q3 turns profitable - Jet back in black with Rs 106 cr profit in Q3 The company had a net profit of Rs 33.54 crore during the same quarter last fiscal, Pantaloon Retail (India) said in a statement. It also reported an increase of 25.38 per cent in its net sales for the quarter ended December 31, 2009, at Rs 1,912.84 crore against Rs 1,525.68 crore during the year-ago period. During the quarter, paid up equity share capital (including Class B Shares) increased from Rs 38,06,41,346 to Rs 41,22,85,746 on account of allotment of 1,58,22,200 equity shares of face value of Rs 2 each at a premium of Rs 314 per share to Qualified Institutional Investors, the statement added.

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