Home Food Future Consumer posts Rs 17 crore Q2 loss

Future Consumer posts Rs 17 crore Q2 loss

By  
SHARE

Future Consumer, a part of Kishore Biyani-led Future Group, on Tuesday reported widening of consolidated net loss to Rs 16.75 crore for the quarter ended September 30, 2019.

Future Consumer posts Rs 17 crore Q2 loss

According to a PTI report: The company had posted a loss of Rs 3.23 crore in July-September 2018-19, Future Consumer, formerly known as Future Consumer Enterprise Ltd, said in a BSE filing.

However, the company’s net sales were up 10.85 percent to Rs 1,120.84 crore during the period under review as against Rs 1,011.11 crore in the year-ago period.

Total expenses were at Rs 1,121.06 crore during the period as against Rs 1,015.87 crore earlier.