For the first quarter of FY12, Talwalkars Better Value Fitness reported Net Income from Operations of Rs.23.17 crore as against Rs.16.24 crore for the quarter ended June 30, 2010. The net profit saw a 24% year-on-year growth, coming in at Rs.2.01 crore.
In an exclusive interview with CNBC-TV18, Anant Gawande, chief financial officer said that the company witnessed a small decline in PAT due to minority interest accounting.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!