Future Lifestyle Fashions Q4 results: Reports net loss of Rs 148.65 cr

NEW DELHI: Future Lifestyle Fashions Ltd on Friday reported a consolidated loss of Rs 148.65 crore for the quarter ended on March 2020.

The company had posted a profit after tax of Rs 74.67 crore during the January-March quarter a year ago, Future Lifestyle Fashions Ltd (FLFL) said in a BSE filing.

Its total income was up 4.47 per cent to Rs 1,442.96 crore during the quarter under review as against Rs 1,381.19 crore in the corresponding quarter a year ago.

FLFL's total expenses stood at Rs 1,579.55 crore during the quarter under review as compared to Rs 1,348.39 crore, up 17.14 per cent.

For the fiscal year 2019-20, FLFL had a net loss of Rs 53.04 crore. It has reported a net profit of Rs 189 crore in the previous year.

Its revenue from operations in fiscal was up 9.93 per cent to Rs 6,297.30 crore. It was Rs 5,728.12 crore in 2018-19.

Shares of Future Lifestyle Fashions Ltd on Thursday settled at Rs 115 per unit on the BSE, down 4.88 per cent over the previous close.