Biyani-led Future Retail's profit rises 109% to â¹148 crore
Future Retail, the retail arm of Kishore Biyani-led Future Group, reported a 109% year-on-year increase in net profit to â¹147.85 crore for the June quarter. The company, which includes six retail formats including Big Bazaar, reported an 18% year-on-year increase in revenue to â¹4,707 crore. Notably, Big Bazaar, the second largest format in the company, reported sales growth of 15.9%.