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Future Enterprises rakes in net profit of Rs 16.53 cr in Q4

India’s retail major Future Enterprises (FEL) has reported a standalone net profit of Rs 16.53 crores for the fourth quarter ended March 2016. The company has posted a net profit of Rs 10.31 crores in the January-March quarter of the previous fiscal. The company was earlier known as Future Retail. FEL’s net sales were Rs 676.88 crores in the...

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