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Future Consumer registers Rs 155 cr loss in Q4, revenue slumps by 59%


Future Consumer registers Rs 155 cr loss in Q4, revenue slumps by 59%
Revenue from operations of FCL, which is the FMCG arm of the Future group, declined by 59.2 per cent to Rs 386.26 crore during January-March 2021 compared to Rs 947.07 crore in January-March 2020
Total expenses were at Rs 500.06 crore, down 52.5 per cent in the last quarter of 2020-21 against Rs 1,051.87 crore in the year-ago period
PTI
Updated Jun 27, 2021, 12:20 PM IST
Future Consumer Ltd (FCL) on Saturday reported a lower net loss of Rs 155.12 crore for the quarter ended on March 31, 2021, compared to that of Rs 175.46 crore in the year-ago quarter. Revenue from operations of FCL, which is the FMCG arm of the Future group, declined by 59.2 per cent to Rs 386.26 crore during January-March 2021 compared to Rs 947.07 crore in January-March 2020, according to a regulatory filing by the company. ....

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