Future Lifestyle Posts Nine-Fold Jump in Q3 Profit

New Delhi: Future Lifestyle Fashion Ltd (FLFL), part of Kishore Biyani-led Future Group, on Saturday reported an over nine-fold increase in net profit at Rs 19.66 crore for the third quarter of the current financial year.

The company had posted a net profit of Rs 1.85 crore for the corresponding period a year ago, it said in a filing to the BSE.

Net sales of the company during October-December period were up 18.49 per cent at Rs 857.24 crore as against Rs 723.47 crore in the year-ago period, it added.

During the quarter, FLFL's overall expenses increased 14.97 per cent to Rs 816.54 crore as compared to Rs 710.21 crore a year ago.