Indian Giant Nearly Sextuples Annual Profit

The fourth quarter and full year ended on June 30 for Pantaloon Retail, India’s largest listed retailer, and both saw good growth in sales and profits. For the three-month period, a 50 percent sales increase to 2,493.7 crore (€420.5m-$534.7m) translated to a huge 170 percent gain in net profit to ...

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