Shares of Pantaloon Retail declined over 7%, touching the monthly low of Rs136.50, after the company reported consolidated net loss of Rs0.06 crore in Q3 March 2012. So far, over 2.99 lakh shares have traded on the BSE as against the two-week average volume of 14.30 lakh shares.
Detailed story follows:
Pantaloon Retail (India) has announced the following results for the quarter ended March 31, 2012
For the Quarter ended March 31, 2012:
The net profit of the company fell by 72.99% to Rs5.43 crore for the quarter ended March 31, 2012 as compared to Rs20.10 crore for the quarter ended March 31, 2011.
Total Income has rose by 10.42% to Rs1142.68 crore for the quarter ended March 31, 2012 from Rs1034.76 crore for the quarter ended March 31, 2011.
Consolidated results for the Quarter ended March 31, 2012
The company has posted net loss of Rs. (0.06) crore for the quarter ended March 31, 2012 as compared to net Profit Rs4.09 crore for the quarter ended March 31, 2011.
Total Income has increased from Rs3029.60 crore for the quarter ended March 31, 2011 to Rs3352.59 crore for the quarter ended March 31, 2012.
Pantaloon Retail (India)'s board of directors at its meeting held on May 15, 2012, has approved a Scheme of Arrangement for the transfer of Home Town division of the company to one of its wholly owned subsidiary companies.
....more info
Detailed story follows:
Pantaloon Retail (India) has announced the following results for the quarter ended March 31, 2012
For the Quarter ended March 31, 2012:
The net profit of the company fell by 72.99% to Rs5.43 crore for the quarter ended March 31, 2012 as compared to Rs20.10 crore for the quarter ended March 31, 2011.
Total Income has rose by 10.42% to Rs1142.68 crore for the quarter ended March 31, 2012 from Rs1034.76 crore for the quarter ended March 31, 2011.
Consolidated results for the Quarter ended March 31, 2012
The company has posted net loss of Rs. (0.06) crore for the quarter ended March 31, 2012 as compared to net Profit Rs4.09 crore for the quarter ended March 31, 2011.
Total Income has increased from Rs3029.60 crore for the quarter ended March 31, 2011 to Rs3352.59 crore for the quarter ended March 31, 2012.
Pantaloon Retail (India)'s board of directors at its meeting held on May 15, 2012, has approved a Scheme of Arrangement for the transfer of Home Town division of the company to one of its wholly owned subsidiary companies.
....more info