#future consumer

The resolution professional for Future Retail has filed an application with the National Company Law Tribunal asking for an amount of ₹839 crore paid to group company Future Consumer to be returned. According to the interlocutory application filed by the RP with the Mumbai bench of NCLT, he has stated that the payments made by Future Retail to Future Consumer during the years FY21 and FY22 should…

Future Consumer Ltd (FCL), the food-led FMCG company of debt-ridden Future Group, on Friday reported widening of its net loss to Rs 346.23 crore for the fourth quarter ended March 31, 2022.

The company, which posted a net loss of Rs 155.12 crore in the January-March quarter a year ago, said due to the impact of COVID-19 and insolvency proceedings against its main customer Future Retail Ltd, there is a material uncertainty over the group's ability to continue as a going concern.

Its revenue from operations was down 32.03 per cent to Rs 262.54 crore during the period under review, as against Rs 386.26 crore in the corresponding period last fiscal, FCL said in a regulatory filing.

FCL's total expenses were at Rs 533.43 crore, up 6.67 per cent in Q4/FY 2021-22, as against Rs 500.06 crore.

Britannia sues Future Group over alleged trademark infringement – ET Retail

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Britannia Industries has filed a trademark infringement case against Future Consumer alleging that the Kishore Biyani-led company has copied the packaging of several of its biscuit brands, two people familiar with the matter said.

In the case filed in Delhi High Court last week, Britannia has alleged that Future Consumer’s packaging for some of its ‘Tasty Treat’ brand of biscuits is…

Relish Some Exotic Cold Pressed Juices By Fresh & Pure

National, June 2018: Fresh & Pure by Future Consumer Limited offers a wide range of food products sourced in its most natural form. Expanding its offering, Fresh & Pure launches cold pressed juices made from the finest quality fresh produce. The introductory range includes three exotic juices in flavours like tangy Orange, sweet & spicy Guava Chilli and refreshing fruity Apple Lemon Mint. These…