Future Consumer's Q2 net loss narrows to Rs 32.3 million; expenses rise

Future Consumer, a part of Kishore Biyani-led Future Group, Saturday said its consolidated net loss narrowed to Rs 32.3 million for the second quarter ended September 30, 2018.

The company had posted a net loss of Rs 103 million in the July-September quarter a year ago.

Total income during the reported quarter stood at Rs 10.19 billion as against Rs 7.56 billion in the year-ago period, Future Consumer( formerly known as Future Consumer Enterprise) said in a BSE filing.

The company's total expenses stood at Rs 10.15 billion in the reported quarter as against Rs 7.61 billon in the year-ago period.