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Future Retail reports ₹1,063 cr net loss in Q3, 86.85% rise in revenue
short by Ashley Paul / on Monday, 14 February, 2022
Future Retail Limited (FRL) reported consolidated net loss of ₹1,063.36 crore in Q3 FY22 as compared with a net loss of ₹846.92 crore in Q3 FY21. The company's revenue in the October-December 2021 quarter jumped 86.85% YoY from ₹1,506.87 crore to ₹2,815.68 crore. FRL's total expenses rose 62.66% YoY from ₹2,391.43 crore to ₹3,890.02 crore in the reported quarter.
read more at Moneycontrol