×
490
Fashion Jobs
RELIANCE INDUSTRIES LTD
Sales Officer
Permanent · CHENNAI
RELIANCE INDUSTRIES LTD
Sales Officer
Permanent · HYDERABAD
RELIANCE BRANDS LTD
Sales Officer
Permanent · SONIPAT
RELIANCE BRANDS LTD
Sales Officer
Permanent · PANIPAT
RELIANCE BRANDS LTD
Sales Officer
Permanent · KURUKSHETRA
RELIANCE BRANDS LTD
Sales Officer
Permanent · GURUGRAM
RELIANCE BRANDS LTD
Sales Officer
Permanent · FARIDABAD
RELIANCE BRANDS LTD
Sales Officer
Permanent · AMBALA
PRIME PLACEMENT AND MANPOWER SERVICES
International Sales Executive
Permanent · AHMEDABAD
AIRPLAZA RETAIL HOLDINGS PRIVATE LIMITED
Buyer
Permanent · GURUGRAM
BRIDGING TALENTS
Head Sourcing Knitwear
Permanent · BENGALURU
2COMS CONSULTING PRIVATE LIMITED
General Manager - Weaving
Permanent · BHILWARA
ADVANCE JOB'S CENTER
Ecommerce Executive , Online Marketing Executive Required
Permanent · Valsad
JOBZ DADDY
Opening For Fabric Manager-Gurgaon (Top Designer of India)
Permanent · Gurugram
R2R CONSULTANTS LLP
Excellent Opportunity For sr Executive Buyer- For Apparels Brand
Permanent · Bengaluru
CTA APPARELS PVT. LTD.
Opening For Fabric Manager & Trims & Accessories Manager- Noida
Permanent · Noida
RELIANCE INDUSTRIES LTD
Sales Officer
Permanent · JHANSI
RELIANCE INDUSTRIES LTD
Sales Officer
Permanent · DEHRADUN
RELIANCE INDUSTRIES LTD
Sales Officer
Permanent · MEERUT
RELIANCE INDUSTRIES LTD
Sales Officer
Permanent · NOIDA
RELIANCE INDUSTRIES LTD
Sales Officer
Permanent · HARIDWAR
RELIANCE INDUSTRIES LTD
Sales Officer
Permanent · KANPUR

Future Retail Q3 net profit down 17 percent to Rs 165 crore

Published
today Feb 14, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Kishore Biyani-led Future Retail Ltd witnessed a 17 percent slump in its consolidated net profit at Rs 165 crore ($23.2 million) for the third quarter ended December, as against a net profit of Rs 198 crore it reported in the quarter a year ago.
 

Future Retail Q3 net profit down 17 percent to Rs 165 crore - FBB


The company’s revenue for the October-December quarter dropped 3 percent to Rs 5,209 crore, as compared to Rs 5,374 crore it had posted in the corresponding quarter last year.
 
Future Retail’s total expenses for the quarter were down 3 percent at Rs 5,042 crore, as compared with Rs 5,177 crore it had reported in the year-ago period.

The company had seen a drop in footfalls in some markets during the quarter and prolonged winters also impacted business for the group. The company’s sales also slumped due to ongoing public unrest with some recent laws passed by the Indian government.
 
Despite the slowdown, the company expects to see single-digit growth in the current fiscal 2019-2020 at like-to-like growth of 6-7 percent.
 
Future Retail operates more than 1,550 for its brands Big Bazaar, FBB, Easyday, Ezone among others. Majority of its revenue is driven by the group’s supermarket chain, Big Bazaar, and fashion retail chain, Fashion at Big Bazaar.

Copyright © 2020 FashionNetwork.com All rights reserved.