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Future Consumer turns black in Q4
May-22-2019

Future Consumer has reported results for the fourth quarter and year ended March 31, 2019. 

The company has reported over 3-fold jump in its net profit at Rs 34.83 crore for the quarter ended March 31, 2019 as compared to Rs 10.70 crore for the same quarter in the previous year. Total income of the company increased by 18.14% at Rs 793.79 crore for quarter under review as compared to Rs 671.93 crore for the quarter ended March 31, 2018.

On consolidated basis, the company has reported a net profit at Rs 7.53 crore for the quarter ended March 31, 2019 against net loss of Rs 4.05 crore for the corresponding quarter in the FY18. Total consolidated income of the company rose 26.20% at Rs 1,044.56 crore for quarter under review as compared to Rs 827.70 crore for the same quarter ended previous year.

For the year ended March 31, 2019, the company has posted a rise of 87.11% in its net profit at Rs 60.53 crore as compared to Rs 32.35 crore for the previous year. Total income of company increased 22.97% at Rs 3049.88 crore for year under review as compared to Rs 2480.25 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has posted a net loss of Rs 7.18 crore as compared to net loss of Rs 30.64 crore for the previous year. However, total income of company increased by 28.70% at Rs 3,912.03 crore for year under review as compared to Rs 3,039.72 crore for year ended March 31, 2018.

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