During the same period last fiscal, the company had reported a consolidated net … Future Retail reported a consolidated net loss of Rs 692.36 crore for the July-September period. Future Retail has around 1,388 stores across various formats, including Big Bazaar, Fashion at Big Bazaar (FBB), ezone, and Foodhall, as per several research firms’ reports. Future Retail share rose 10% on the BSE while, Future Consumer, Future Enterprise and Future lifestyle surged 5% each. Worth mntioning here is that Future Group shares rallied on Thursday anticipating a final deal between Reliance Retail and FEL. Future Retail Ltd (FRL) reported a consolidated net loss of Rs 692.36 crore for the second quarter FY2021. Shares of Future Retail Ltd on Friday closed at Rs 68 apiece on the BSE, down 0.07 per cent. The company said that the COVID-19 pandemic Worth mentioning here is that the move will provide RIL the much-needed firepower to become number one physical retail player across segments such as groceries, fashion and general merchandise. Future Retail Ltd on Friday reported a consolidated net loss … Future Group is an Indian conglomerate company founded by Kishore Biyani, headquartered in Mumbai, Maharashtra, India.The company is known for having a significant prominence in Indian retail and fashion sectors, with popular supermarket chains like Big Bazaar and Food Bazaar, lifestyle stores like Brand Factory, Central, etc. The company had posted a net profit of Rs 159.24 crore in the April-June quarter a year ago, Future Retail Ltd (FRL) said in a BSE filing. This means that now Reliance Retail will have access to over 1,800 offline stores across Future Group’s variety of businesses including Big Bazaar, Easyday, FBB, Central and Foodhall stores which are spread across 420 cities in the country.. Future Retail Ltd., incorporated in the year 2007, is a Mid Cap company (having a market cap of Rs 4726.01 Crore) operating in Retail sector. This acquisition is done on the account of future Group merging some of its aforesaid businesses into FEL which stands for Future Enterprises Limited. Future Retail: The company reported a consolidated net loss of Rs 561.95 crore for the first quarter ended June 2020.
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