Future Consumer is engaged in the business of sourcing, manufacturing, branding, marketing and distribution of fast moving consumer goods (FMCG), Food and Processed Food Products in Urban and Rural India. Earlier the Company was regulated by the Reserve Bank of India (the RBI) as a non-deposit taking Non-Banking Financial Company (NBFC).(Source : 201903 Annual Report Page No: 102)
Financial Results:
- Future Consumer Ltd reported Revenues for Q1FY24 of ₹89.00 Crores down from ₹104.00 Crore year on year, a fall of 14.42%.
- Total Expenses for Q1FY24 of ₹116.00 Crores down from ₹170.00 Crores year on year, a fall of 31.76%.
- Consolidated Net Profit of -₹24.00 Crores from -₹95.00 Crores in the same quarter of the previous year.
- The Earnings per Share is -₹0.12, from -₹0.48 in the same quarter of the previous year.