Pantaloon Retail today reported a consolidated profit after tax of Rs 76.35 crore for the year ended June. The company had reported a loss of Rs 7.5 crore in the previous financial year.

The retail chain's consolidated turnover for the financial year increased 27.6 per cent at Rs 9,786.9 crore compared to Rs 7,669 crore, the company said in a BSE filing.

Standalone net profit of Pantaloon Retail (India) Ltd rose 27.7 per cent to Rs 179.6 crore. Net sale was down 6.43 per cent year-on-year at Rs 5,934.4 crore.

The board approved a dividend of Rs 0.80 per equity share of Rs 2 each and Rs 0.90 per Class B shares (series 1) of Rs 2 each. The board also recommended a dividend of 0.01 per cent per compulsory convertible preference share.

The company said it merged its home solutions business Home Solution Retail (India) and Future Value Retail Limited with itself in order to bring all retail businesses under one umbrella.