Harvey Norman has declared global sales, excluding Singapore, of $1.37 billion for the three-month period ending 30 September, a year-on-year increase of 4.3 percent.
Profit before tax increased by 16.2 percent for the quarter from $50.1 million to $58.2 million.
Despite the lift in profits, the retail giant said it has not "seen a boost to consumer spending post the Federal election".
There has been a general rise in consumer spending as revealed by The Westpac Melbourne Institute Index of Consumer Sentiment, which found that general consumer sentiment had increased 9.2 percent from October 2012 to October 2013.
The index said customer confidence in investing in major household items also increased by 5.6 percent, compared with the same period a year ago.
Harvey Norman said it improved operational efficiency by shutting down two Harvey Norman stores in Australia and pulled out of electronics and computing in two of its Northern Ireland stores.
Harvey Norman has been recovering from weak annual financial results after reporting a net-profit drop of 17.5 percent for the year ending 30 June 2013, down to $142.21 million.
The company has revised its stance on e-commerce after implementing an award-winning omni-channel strategy.
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