Business Standard

Future Retail gets buyers' attention after turnaround Q2 results

Image

Capital Market

Future Retail rose 4.01% to Rs 125.70 at 14:10 IST on BSE after the company reported net profit of Rs 73.63 crore in Q2 September 2016 compared with net loss of Rs 56.69 crore in Q2 September 2015.

The result was announced during market hours today, 6 December 2016.

Meanwhile, the BSE Sensex was up 100.44 points, or 0.38%, to 26,449.54.

On the BSE, 78,173 shares were traded in the counter so far, compared with an average volume of 29,888 shares in the past one quarter. The stock hit a high of Rs 130 and a low of Rs 120.20 so far during the day.

 

The mid-cap company has an equity capital of Rs 94.27 crore. Face value per share is Rs 2.

Future Retail's total income from operations jumped 1062.96% to Rs 4191.45 crore in Q2 September 2016 over Q2 September 2015.

Future Retail operates multiple retail formats in both the hypermarket, supermarket and home segments of the Indian consumer market including Big Bazaar, Fashion at Big Bazaar, Food Bazaar, Foodhall, HomeTown and eZone.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 06 2016 | 2:05 PM IST

Explore News