OAO Nizhny Novgorod Retail Company reported earnings results for the first quarter ended March 31, 2012. For the quarter, the company reported sales revenue of RUB 7,901.197 million compared to RUB 12,431.804 million a year ago. Operating profit was RUB 1,075.870 million compared to RUB 1,306.776 million a year ago. Profit before tax was RUB 636.903 million compared to RUB 860.808 million a year ago. Net profit was RUB 518.933 million compared to RUB 684.370 million a year ago.