Pantaloon Retail, the country's largest listed retailer, has posted 22 per cent growth in its net for the quarter ending September 30, 2008 when compared to the corresponding period of last year. The company's finanical year ends on June 30.
Pantaloon posted a net profit of Rs 36.18 crore for the quarter ending September 30 of this financial year as compared to Rs 29.69 crore it posted in the corresponding quarter last year. It's net sales went up by 39 per cent at Rs 1,511.21 crore in the September quarter as compared to Rs 1,086.44 crore it posted in the corresponding quarter last year.
The company opened nearly 18 stores in the September quarter. The company's retail space has increased from 7.90 million sq ft to 8.60 million sq ft, the company said in a statement to the Bombay Stock Exchange.
