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Future Enterprises defaults on interest payment, yet again - The Hindu BusinessLine
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Future Retail Q3 Loss At Rs 846 92 Crore, Revenue Down 71% To Rs 1,506 87 Crore
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NEW DELHI: Future Retail Ltd on Tuesday reported a consolidated net loss of Rs 846.92 crore for the third quarter ended on December 2020 as business operations continued to be impacted by the pandemic during the quarter.
The company had posted a net profit of Rs 164.56 crore in the October-December quarter a year ago, Future Retail Ltd (FRL) said in a BSE filing.
Its revenue from operations was down 71 per cent to Rs 1,506.87 crore during the quarter under review as against Rs 5,193.19 crore of the corresponding quarter last fiscal. COVID 19 pandemic has had a significant impact on the business operations and the financial results of the Company for the quarter and Nine months ended December 31, 2020,” Future Retail said in a statement.
SEBI approves Future-Reliance deal - Daijiworld com
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