Cantabil Retail India climbs on Q3 profit increase

Cantabil Retail India

07/02/2023 09:51

** Shares of Cantabil Retail India Ltd  CRIL.NS  rise as much as
3% to 1,188 rupees, highest since Jan. 27
    ** Co reports 14% increase in Q3 consolidated profit from
continued operations to 269.5 mln rupees
    ** Rev climbs 23.8% to 1.63 bln rupees due to rise in
contribution from existing stores and increase in sales in new
stores
    ** CRIL declares interim dividend of 2 rupees per share for
FY2022-23
    ** Trade volume at 0.8X the 30-day average of 30,000 shares
at as of 3:02 p.m. IST
    ** Stock rose 48% last year, its ninth straight annual gain
 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com;))