Pantaloons Q4 net loss narrows to Rs 63.78 cr

Aditya-Birla group firm Pantaloons Fashion & Retail Ltd on Wednesday reported a standalone net loss of Rs 63.78 crore for the fourth quarter ended on March 31, 2015.

The company had reported net loss of Rs 70.75 crore in the January-March quarter of 2013-14, the company said in a filing to the BSE.

Pantaloons' net sales in the quarter under review stood at Rs 450.51 crore, up 12.45 per cent as against Rs 400.61 crore in the same quarter a year ago.

In 2014-15, Pantaloons' net losses were at Rs 228.14 crore compared with Rs 187.73 crore in 2013-14. Pantaloons' net sales in 2014-15 stood at Rs 1,816.88 crore as against Rs 1,628.62 crore in 2013-14.

Shares of Pantaloons scrip closed at Rs 167.10 apiece on the BSE, down 0.65 per cent from its previous close.