Koutons Retail India Ltd has reported a 18.62 per cent growth in its net profit to Rs 15.80 crore for the quarter ending December 31, 2009 vis-à-vis Rs 13.32 crore in the corresponding period last year.
Net sales were recorded at Rs 269.38 crore for the current quarter compared with Rs 228.95 crore, registering a growth of 17.65 per cent.
Mr D. P. S. Kohli, Chairman, Koutons Retail, said, “Our robust performance from quarter over quarter signifies the strong fundamentals of the company. It is a testimonial that our growth agenda is on track. The innovations at Koutons have brought in fruitful results for our stakeholders and we are confident of building a stronger base for future growth.”