Consider and approve Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended 31st March, 2025

Future Consumer's board approved its FY25 audited results, which show a net loss of Rs. 4,191.79 lakhs (standalone), narrowed from Rs. 19,077.98 lakhs last year mainly because of lower exceptional items (gain of Rs. 811.73 lakhs vs loss of Rs. 10,515.18 lakhs). Revenue from operations collapsed to just Rs. 56.22 lakhs for the full year (down from Rs. 217.48 lakhs in FY24), reflecting severely curtailed business activity. The auditor (Borkar & Muzumdar) issued a qualified opinion because the company cannot determine the fair value of Rs. 10,064.69 lakhs stuck in two disputed joint ventures (Aussee Oats). The auditor also flagged material uncertainty on going concern: the company has negative net worth of Rs. 33,702.38 lakhs, accumulated losses of Rs. 2,01,253.39 lakhs, debt servicing obligations of Rs. 52,610.97 lakhs, all bank accounts tagged as NPAs, and credit ratings repeatedly downgraded. Forensic audits by SEBI and SBI are ongoing, and an Rs. 83,918 lakhs clawback claim has been filed against the company in the Future Retail Limited insolvency case.