To consider and approve Un-audited Financial Results (Standalone and consolidated)for the quarter and half year ended 30th September 2025
Awaiting price reaction for this filing.
Future Consumer Limited reported standalone revenue of just Rs. 29.67 lakhs and consolidated revenue of Rs. 21,966.52 lakhs for H1 FY26 (quarter ended Sept 30, 2025). Standalone showed a PAT of Rs. 4,790.13 lakhs, but this came entirely from a Rs. 9,085.55 lakh exceptional gain on reclassification of an asset held for sale; underlying operations actually posted a Rs. 4,295.42 lakh loss before exceptional items. The statutory auditor issued a modified review conclusion because it could not determine fair value of Rs. 10,513.64 lakh investments in Aussee Oats joint ventures (due to an ongoing partner dispute) and flagged a material going-concern uncertainty. The company has a Rs. 28,912.18 lakh standalone net capital deficiency, has defaulted on loans, and its bank borrowings have been classified as non-performing assets. RBL Bank has assigned the company's debt to Prudent ARC, a fresh NCLT case filed by Resurgent India is listed for hearing on Nov 12, 2025, and SEBI plus lender forensic audits remain ongoing. Major customer Future Retail is already in liquidation.
The headline profit is non-operational and masks deep financial distress; shareholders face material going-concern risk, likely further equity erosion, and a heavy lender-litigation overhang that could weigh on the stock.