Pantaloon Fashion & Retail news and archive

RBI green signals FIIs to buy Pantaloon shares

The RBI has allowed FIIs to buy shares in Pantaloon Retail as the foreign shareholding in the Future Group firm dived below the prescribed limit. Removing Pantaloon from its ban list, RBI has said that the foreign share-holding by Foreign Institutional Investors (FIIs) in Future Retail (Pantaloon Retail) has gone below the prescribed threshold...

Apparel

Pantaloons reports Q3 loss of Rs 15.66 cr

Pantaloons Fashions and Retail, now a part of Aditya Birla Nuvo, has reported a net loss of Rs 15.66 crores for the third quarter ended December 31, 2013 due to decline in net sales and other income. The company had reported profits worth Rs 20 lakh in the corresponding quarter a year ago, the company said in a filing to the BSE. Pantaloons' net...

Apparel

Aditya Birla Nuvo’s Q2 net profit at Rs 2,184.60 million

In its financial results for the quarter ended September 30, 2013, Aditya Birla Nuvo has registered a net profit of Rs 2,184.60 million against Rs 963.20 million for the quarter ended September 30, 2012. Total income stood at Rs 22,597.70 million for the quarter compared to Rs 25,842.20 million for the quarter ended September 30, 2012. The group...