Audited Financial Results (Both Standalone And Consolidated) For The Quarter And Financial Year Ended March 31, 2026 And Outcome Of Board Meeting.
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Future Market Networks Limited reported audited results for FY26 ending March 2026. Standalone net profit declined to Rs.835.98 lakhs from Rs.6,749.85 lakhs in FY25, primarily due to an exceptional loss of Rs.1,900 lakhs (write-off of capital advances) and Rs.548.90 lakhs impairment recognized in FY25. Total standalone income was Rs.9,869.79 lakhs vs Rs.9,688.78 lakhs year earlier. The company also approved a preferential issue of up to 1 lakh equity shares and 1.99 crore warrants to Westfield Hygiene Private Limited at Rs.10.80 per share, raising up to Rs.21.60 crore. The auditors issued an unmodified opinion with emphasis of matter on contingent liabilities related to Yes Bank demand of Rs.18,448.96 lakhs and other legal disputes.
Profit decline year-over-year due to prior year exceptional items; however, Q4 FY26 returned to profit. Shareholders should note significant contingent liabilities from bank disputes and the upcoming EOGM for preferential share issuance which will dilute equity.