Future Retail posts net profit of Rs 21.74 crore in Q4

Future Retail Ltd on Thursday reported a net profit of Rs 21.74 crore for the fourth quarter that ended on December 31, 2013. The company had posted a net loss of Rs 20.41 crore for the corresponding period last year. Net sales during the quarter under review were at Rs 2,276.30 crore, as against Rs 1,252.85 crore a year ago. The financial numbers were not comparable with the quarter ended December 2012 due to amalgamation...