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Sign of Improvements - Pantaloon April sales up over 20%

Pantaloon Retail India, has seen sales from its value, home and lifestyle retailing segments jump over 20 per cent in April as against sales during same period last year. Company's three segments together generated sales worth Rs 595.81-crore last month as against Rs 496.38-crore in April 2008, up 20.03 per cent.     However, the company saw same store sales (SSS) in its home retailing segment fall for the sixth month in a row.          PRIL posted a negative growth of 28.21 per cent last month in same store sales from its home retailing (and home electronics) stores — HomeTown, Furniture Bazaar, eZone, Electronics Bazaar and Collection i, over April '08.          In July 2008-April 2009, Pantaloon's cumulative sales from value, lifestyle and home retailing jumped 31.18 per cent at Rs 6,298.02-crore over the same nine-month period last fiscal.    

Pantaloon Q3 net up 7% at Rs 34.37 cr

Pantaloon Retail (India) on Saturday reported a 7.07 per cent growth in net profit at Rs 34.37 crore for the third quarter ended March 31, 2009. The firm had a net profit of Rs 32.10 crore in the March quarter of FY'08, Pantaloon Retail said in a filing to the Bombay Stock Exchange. The total income rose 21.22 per cent to Rs 1,643.69 crore during the March quarter, from Rs 1,355.99 crore in the corresponding quarter last fiscal. For the nine-month ended March 31, the company reported a 11.40 per cent growth in net profit at Rs 104.0 9 crore. The firm had a net profit of Rs 93.44 crore in the same period last fiscal. The income from operations during the nine-months period rose to Rs 4,673.93 crore, from Rs 3,667.53 crore from the corresponding period in FY'08