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Entries Tagged as 'Results (Sales/ Financial)'

Pantaloon’s ’standalone’ sales grow 26% as net profit increase by 12%; share prices flare up on rise of margins

September 30th, 2009 · 1 Comment

Pantaloon Retail (India) Ltd., India’s largest retailer, which took a hit of 54 per cent in consolidated net profit over the previous year (consolidated net profit declining from Rs 219.3 million in FY 2007-08 to Rs 100.7 million in FY 2008-09), has in fact reported an increase of 11.59 per cent in its net profit [...]

Tags: Indian Owned · Kishore Biyani (Future Group) · Lifestyle Segment · Multi-format · Multi-product Categories · Results (Sales/ Financial) · Retail Trends · Value Segment

Pantaloon reports Rs 7,669 cr sales in ‘09; profits nosedive 54% despite 31% growth in sales

September 28th, 2009 · No Comments

Pantaloon Retail (I) Limited, the country’s largest listed retailer, part of Kishore Biyani-led Future group, posted 31 per cent growth in net sales for the Financial Year ended 30th June, 2009.
Net sales of the retailing company, which operates several multi-format retail chains across segments, for the year (2008-09) reached Rs 7,669 crore compared to Rs [...]

Tags: Indian Owned · Kishore Biyani (Future Group) · Lifestyle Segment · Multi-format · Multi-product Categories · Research/ Analysis/ Stats/ Trends · Results (Sales/ Financial) · Retail Trends · Value Segment

Spencer’s begins to report improved performance after closure of 150 stores; plans to invest Rs 300 crore on expansion this year

July 31st, 2009 · No Comments

Spencer’s Retail, among the country’s leading multi-product, multi-format retailers, after closing down nearly 40 per cent (150 out of a total of 400) of its non-performing stores last year, has begun to report improved sales performance this year. The stores were closed due to adverse impact of global economic slowdown on organised retail business in [...]

Tags: Consolidation/ Restructuring · Downsizing/ Closure · Economic Slowdown · Economy · Expansion/ New Investment · Indian Owned · Lifestyle Segment · Multi-format · Multi-product Categories · RPG (Spencer's/ Other) · Results (Sales/ Financial) · Retail Trends · Value Segment

Vishal Retail holds unbridled expansion as main reason for its present woes; cuts down on employee strength by 40%

July 24th, 2009 · 3 Comments

Vishal Retail, the Delhi-based value retailer, which yesterday announced incurring net loss of Rs 114.72 crore in the last quarter (Q4) of FY 2008-09, compared to net profit of Rs 10.40 crore in (Q4) of 2007-08, has identified unrestrained expansion of its retail network as one of the main causes of its present problems.
“Unbridled expansion [...]

Tags: Apparel · Consolidation/ Restructuring · Consumer Electronics/ Home Appliances · Downsizing/ Closure · Economic Slowdown · FMCG · Food and Grocery · HR/ Employment · Home: Furniture & Improvement · Homeware/ Household · Indian Owned · Megastores/ Mini-Hypermarkets · Research/ Analysis/ Stats/ Trends · Results (Sales/ Financial) · Value Segment · Vishal (Agarwals)

Vishal Retail, despite 38.85% rise in income, ends fiscal 2008-09 with nett loss of 94.49 crore

July 23rd, 2009 · No Comments

Vishal Retail, Delhi-based megastore (mini-hypermarket) format value retail chain, which after highly successful IPO in June 2007 was riding on growth trajectory in 2007-08, had a difficult period of performance this year.
The retailer, according to financial results, has incurred a consolidated net loss of Rs 94.49 crore for the 2008-09 financial year ending 31st March, [...]

Tags: Accessories · Consumer Electronics/ Home Appliances · Economic Slowdown · FMCG · Food and Grocery · Home: Furniture & Improvement · Homeware/ Household · Indian Owned · Megastores/ Mini-Hypermarkets · Multi-product Categories · Research/ Analysis/ Stats/ Trends · Results (Sales/ Financial) · Value Segment · Vishal (Agarwals)

Pantaloon sales grow by 30% in a year; home retail segment is still a cause of concern

July 16th, 2009 · No Comments

Pantaloon Retail (India), the country’s largest multi-segment, multi-product, and multi-format, listed retailer, part of Kishore Biyani-led Future group, after a disastrous performance in December, 2008, when same-store-sales for all segments (value, life style, and home retail) declined, the performance has begun to show signs of continuous improvement for the value and lifestyle segments.
While, value (62 [...]

Tags: Economic Slowdown · Indian Owned · Kishore Biyani (Future Group) · Lifestyle Segment · Multi-format · Multi-product Categories · Results (Sales/ Financial) · Value Segment

Koutons reports 2008-09 growth of 32% in sales and 15% in net; prefers franchise model for expansion

July 2nd, 2009 · No Comments

Koutons Retail, Delhi-based fashion retailer, which offers a range of fashion products under apparel, accessories, and footwear catagories, mostly in value segment, has reported a healthy growth of 31.91 per cent in sales over previous year (Rs 1,046.68 cr vs Rs 793.68 crore). The consolidated net profit, however, grew by only 15.01 per cent [...]

Tags: Accessories · Apparel · Expansion/ New Investment · Indian Owned · Leather/ Footwear · Lifestyle Segment · MBO (Multi Brand Outlet) · Multi-product Categories · Research/ Analysis/ Stats/ Trends · Results (Sales/ Financial) · Retail Trends · SBO (Single Brand Outlets) · Specialty/ Concept stores · Value Segment

Aditya Birla Retail incurs heavy loss in 2008-09; takes measures to revamp operations

May 22nd, 2009 · 5 Comments

Aditya Birla Retail, a retail initiative of Kumar Mangalam Birla group, which began operations in 2007 after acquiring operations of Hyderabad-based Trinethra superstores retail chain, according to an ET report, is believed to have incurred a net loss of Rs 534 crore on sales turnover of Rs 1,030 crore in 2008-09.
The company [...]

Tags: Accessories · Aditya Birla (More/ Other) · Apparel · Capital/ PE/ IPO · Consolidation/ Restructuring · Consumer Electronics/ Home Appliances · Expansion/ New Investment · FMCG · Food and Grocery · Fresh Foods · Homeware/ Household · Hypermarket/ Supercentre · Indian Owned · Lifestyle Segment · Megastores/ Mini-Hypermarkets · Multi-format · Multi-product Categories · Private Label · Property/ Realty · Research/ Analysis/ Stats/ Trends · Results (Sales/ Financial) · Retail Trends · Shop-in-Shop (SIS) · Supermarkets/ Megastores · Value Segment

Pantaloon delivers good performance in April; home retail and durables, however, continue to slide

May 14th, 2009 · No Comments

Pantaloon Retail India Ltd, India’s largest multi-product, multi-segment,  multi-format retailer, which has been re-christened as Future Market & Consumer Group Ltd, appears to have firmly reversed the trend of same-store declining sales.
The trend has now become visible in the past few months both in ‘value’ and ‘lifestyle’ segments. However, home retail segment comprising [...]

Tags: Advertising, Promotions, Pricing, PR · Brands/ Strategy · Expansion/ New Investment · Indian Owned · Kishore Biyani (Future Group) · Lifestyle Segment · Multi-format · Multi-product Categories · Results (Sales/ Financial) · Retail Trends · Value Segment

Despite 21% rise in sales, Pantaloon posts increase of just 7% in nett profits; interest costs rise 98%

April 27th, 2009 · No Comments

Pantaloon Retail, the largest listed retailer of the country, despite a healthy 21.24 per cent growth in sales (Rs 1354.34 crore) during the quarter ended 31st March, 2009, has posted less than expected rise in the nett profit for the third quarter (Pantaloon unlike most others closes its year on 30th June). The company [...]

Tags: Capital/ PE/ IPO · Consolidation/ Restructuring · Indian Owned · Kishore Biyani (Future Group) · Lifestyle Segment · Multi-format · Multi-product Categories · New Ventures/ New Launch/ Expansion/ Investment · Research/ Analysis/ Stats/ Trends · Results (Sales/ Financial) · Retail Trends · Value Segment

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