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Cantabil Retail posts Q3 net at Rs 4.20 cr

Cantabil Retail India posted a marginal increase in its net profit at Rs 4.20 crore for the quarter ended December 2010.

Cantabil Retail India today posted a marginal increase in its net profit at Rs 4.20 crore for the quarter ended December 2010.

For the same period last fiscal,the company’s net profit was Rs 4.12 crore,it said in a filing to the Bombay Stock Exchange.

The company’s net sales grew 6.07 per cent at Rs 64.81 crore during the three month period ended December 2010,compared to Rs 61.1 crore in the same period last fiscal.

Its shares closed at Rs 40 apiece,down 10.81 per cent from the previous close on the Bombay Stock Exchange.

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