Diversified retail player, Vishal Retail today said its net profit for the quarter ended December 31, 2008, decline by 86.17 per cent to Rs 2.15 crore as against Rs 15.55 crore in the same quarter of last fiscal.
Income from operations rose to Rs 355.45 crore for the quarter under review, against Rs 286.15 crore for the same period a year ago.
The company's shares were settled at Rs 58.15, down 4.98 per cent on the Bombay Stock Exchange today.
