Future Lifestyle Fashion Q1 net jumps 42.3 per cent to Rs 3.53 crore

NEW DELHI: Future Lifestyle Fashion Ltd (FLFL), part of Kishore Biyani-led Future Group, today reported a 42.33 per cent increase in its standalone net profit at Rs 3.53 crore for the first quarter ended June 30.

The company had posted a net profit of Rs 2.48 crore in the April-June quarter a year ago, FLFL said in a BSE filing.

FLFL's net sales were up 14.85 per cent during the quarter under review to Rs 785.97 crore as against Rs 684.34 crore in the corresponding quarter of the previous fiscal.

Its total expenses were also up 13.94 per cent to Rs 769.01 crore as against Rs 674.88 crore in the previous fiscal.

Shares of FLFL ended 2.13 per cent up at Rs 129.50 on the BSE.