Future Lifestyle Fashion (FLFL), part of Kishore Biyani-led Future Group, today reported a 42.33 percent increase in its standalone net profit at Rs 3.53 crore for the first quarter ended June 30.
The company had posted a net profit of Rs 2.48 crore in the April-June quarter a year ago, FLFL said in a BSE filing.
FLFL's net sales were up 14.85 percent during the quarter under review to Rs 785.97 crore as against Rs 684.34 crore in the corresponding quarter of the previous fiscal.
Its total expenses were also up 13.94 percent to Rs 769.01 crore as against Rs 674.88 crore in the previous fiscal.
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