Polo profit surges,sees more gains

Net sales rose 34 per cent to 1.49 billion,beating the average analyst estimate of 1.43 billion,according to Thomson Reuters.

Polo forecast revenue to rise at a high-teens to low-20 per cent range in the current quarter and a mid-to-high teens per centage rate for the full year,compared with a previous full-year forecast for a rise at mid-teens per centage. Polo shares rose 9 per cent to 131.90 in pre market trading.