The company posted a net profit of 370 million reais in the same January-to-March period last year.
The Brazilian arm of French retailer Carrefour SA said that net sales rose 29.4% to reach 24.39 billion reais in the first quarter, while its wholesale units posted 19% sales growth year-on-year.
($1 = 5.0464 reais)
(Reporting by Andre Romani; Writing by Carolina Pulice; Editing by David Alire Garcia)