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Pantaloon

Pantaloon Retail (PRIL) reported a decent 3QFY2010 performance, The company posted a top-line growth of 25.3% y-o-y to Rs2058 crore (Rs1642 crore) for 3QCY2010 as value , lifestyle and home retailing posted a higher growth on the back of low base effect of last year as well as pick-up in consumer sentiment. On the operating [...]

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Pantaloon Retail stand-alone net sales have risen 25.3% to Rs2,057 crore during the quarter, as same store sales plus new store additions contributed to higher growth Pantaloon Retail (India) Ltd’s March quarter performance reflects the effect of better economic conditions on consumer spending. But the retailer’s net profit came in lower than estimates despite sales [...]

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Pantaloon to merge consumer durable biz of arm with itself

by free stock tips Company Annoucements

The company’s board has approved demerger of consumer durables and home improvement business from Home Solutions Retail (India) Ltd Retail major Pantaloon Retail (India) on Wednesday said that it will merge the consumer durable business of its subsidiary with itself. The board has approved demerger of consumer durables and home improvement business from Home Solutions [...]

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