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August 30, 2015 6:00 AM ET

Food and Staples Retailing

Company Overview of Future Value Retail Limited

Company Overview

As of Februrary 11, 2014, Future Value Retail Limited was acquired by future Retail Limited. Future Value Retail Limited owns and operates retail stores that provide fashion, general merchandise, home, and food products. The company was formerly known as Pantaloon Future Ventures Limited and changed its name to Future Value Retail Limited in October 2009. The company was incorporated in 2007 and is based in Mumbai, India.

Sobo Central

5th Floor, 84

Pt. Madan Mohan Malviya Marg

Tardeo

Mumbai,  400 034

India

Founded in 2007

Phone:

91 22 6620 1400

Fax:

91 22 6644 1401

Key Executives for Future Value Retail Limited

Future Value Retail Limited does not have any Key Executives recorded.

Future Value Retail Limited Key Developments

Future Value Retail Limited Reports Unaudited Earnings Results for the Fourth Quarter and Year Ended December 31, 2013

Future Value Retail Limited reported unaudited earnings results for the fourth quarter and year ended December 31, 2013. For the quarter, the company reported net sales/income from operations of INR 227.630 million against INR 125.285 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 14.262 million against INR 6.986 million a year ago. Profit from ordinary activities before tax was INR 3.218 million against loss from ordinary activities before tax of INR 1.750 million a year ago. Net profit for the period was INR 2.174 million or INR 0.94 per equity share and or INR 0.98 per class B share against net loss for the period of INR 2.041 million or INR 0.88 per equity share or INR 0.88 per class B share a year ago.   For the year, the company reported net sales/income from operations of INR 904.070 million against INR 466.852 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 48.272 million against INR 30.802 million a year ago. Loss from ordinary activities before tax was INR 0.114 million against profit from ordinary activities before tax of INR 26.470 million a year ago. Net profit for the period was INR 0.118 million or INR 0.05 per equity share or INR 0.09 per class B share against net profit for the period of INR 25.515 million or INR 11.02 per equity share or INR 11.06 per class B share a year ago.

Future Value Retail Limited, Board Meeting, Feb 13, 2014

Future Value Retail Limited, Board Meeting, Feb 13, 2014. Agenda: To consider the unaudited earnings results for the fourth quarter and year ended December 31, 2013.

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