Future Retail Q1 Plunges 91% to Rs 6 Crore

New Delhi: Future Retail Ltd on Friday posted a steep decline of 90.82 per cent in its standalone net profit at Rs 6.10 crore for the first quarter ended June 30.

The company had posted a net profit of Rs 66.48 crore during the same period of previous fiscal 2014-15.

Future Retail's total income from operations on standalone basis during the quarter was up 22.42 per cent to Rs 2,899.46 crore as against Rs 2,368.29 crore in the year-ago period, the company said in a BSE filing.

Shares of the company were trading at Rs 125.80 per scrip on BSE in late afternoon trade, down 2.06 per cent from its previous close.