Pantaloon Retail (India) Limited, is a leading retailer that operates multiple retail formats in both the value and lifestyle segment of the Indian consumer market. Headquartered in Mumbai, the company operates over 16 million square feet of retail space, has over 1000 stores across 73 cities in India and employs over 30,000 people.
Pantaloon Retail (India) Ltd posted net profit of Rs 179.56 crore for the year ended on June 30, 2010, a 27.7% increase in net profit compared to 140.58 crore last year.
But Total income for the period declined to Rs 5934.37 crore from Rs 6341.7 crore same period last year.
Pantaloon Retail Audited Financial Results for the year ended June 30, 2010
After the results Pantaloon Retail India shares surged 1.51% in National Stock Exchange and trading at Rs 481, up 7.20 from yesterday close price.