Future Retail rises despite reporting consolidated net loss of Rs 1063 crore in Q3
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Future Retail is currently trading at Rs. 46.00, up by 0.85 points or 1.88% from its previous closing of Rs. 45.15 on the BSE.
The scrip opened at Rs. 44.80 and has touched a high and low of Rs. 47.15 and Rs. 44.30 respectively. So far 636619 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 80.00 on 19-Feb-2021 and a 52 week low of Rs. 40.60 on 01-Apr-2021.
Last one week high and low of the scrip stood at Rs. 49.15 and Rs. 44.30 respectively. The current market cap of the company is Rs. 2424.01 crore.
The promoters holding in the company stood at 18.24%, while Institutions and Non-Institutions held 10.06% and 71.70% respectively.
Future Retail has reported net loss at Rs 1078.19 crore for the quarter ended December 31, 2021 as compared to net loss of Rs 841.13 crore for the same quarter in the previous year. However, total income of the company increased by 84.50% at Rs 2791.73 crore for Q3FY22 as compared Rs 1513.14 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net loss at Rs 1063.36 crore for the quarter ended December 31, 2021 as compared to net loss of Rs 846.92 crore for the same quarter in the previous year. However, total income of the company increased by 83.01% at Rs 2826.66 crore for Q3FY22 as compared Rs 1544.51 crore for the corresponding quarter previous year.
