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Future Retail Ltd today posted a steep decline of 90.82 per cent in its standalone net profit at Rs 6.10 crore for the first quarter ended June 30.
The company had posted a net profit of Rs 66.48 crore during the same period of previous fiscal 2014-15.
Future Retail's total income from operations on standalone basis during the quarter was up 22.42 per cent to Rs 2,899.46 crore as against Rs 2,368.29 crore in the year-ago period, the company said in a BSE filing.
Shares of the company were trading at Rs 125.80 per scrip on BSE in late afternoon trade, down 2.06 per cent from its previous close.
