01-01-1970 12:00 AM | Source: Accord Fintech
Future Enterprises hits rock bottom as its consolidated net loss widens to Rs 2,296 crore in Q4
News By Tags | #3820 #686

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Future Enterprises is currently trading at Rs. 1.95, down by 0.10 points or 4.88% from its previous closing of Rs. 2.05 on the BSE.

The scrip opened at Rs. 2.01 and has touched a high and low of Rs. 2.09 and Rs. 1.95 respectively. So far 659872 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 2 has touched a 52 week high of Rs. 12.00 on 21-Dec-2021 and a 52 week low of Rs. 1.65 on 05-Sep-2022.

Last one week high and low of the scrip stood at Rs. 2.24 and Rs. 1.90 respectively. The current market cap of the company is Rs. 88.71 crore.

The promoters holding in the company stood at 16.37%, while Institutions and Non-Institutions held 0.60% and 83.03% respectively.

Future Enterprises has reported net loss of Rs 1,510.11 crore for the quarter ended March 31, 2022 as compared to net loss of Rs 233.96 crore for the same quarter in the previous year. Total income of the company decreased by 14.35% at Rs 324.53 crore for Q4FY22 as compared Rs 378.89 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss of Rs 2,295.90 crore for the quarter ended March 31, 2022 as compared to net loss of Rs 281.76 crore for the same quarter in the previous year. Total income of the company decreased by 4.02% at Rs 529.85 crore for Q4FY22 as compared Rs 552.03 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported net loss of Rs 2,324.57 crore as compared to net loss of Rs 1,049.90 crore for the previous year. However, total income of the company increased by 50.36% at Rs 1533.38 crore for year under review as compared to Rs 1019.80 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported net loss of Rs 3,172.72 crore as compared to net loss of Rs 1,220.17 crore for the previous year. However, total income of the company increased by 43.91% at Rs 2,289.18 crore for year under review as compared to Rs 1,590.68 crore for year ended March 31, 2021.