Pantaloon sales figures soar

Pantaloon Retail has been on an expansion spree last month when it added 450,000 sq ft of retail space, in the form of 7 new Pantaloon stores. According to a report byJP Morgan analysts, Pantaloon retail’s sales for March 2007 stood at Rs 2.6 billion, up by 84%, while its value retail segment sales grew by 74%, lifestyle retailing grew by 24%, and home retailing grew by 10% at Rs 286 million.