Future Capital clips Q4 net loss, income rises

Future Capital clips Q4 net loss, income risesFuture Capital Holdings, the financial services arm of Future Group has informed that its consolidated net loss stood at Rs 3 crore for the fourth quarter ended 31March 2009.

In the previous year, company’s net loss figure stood at Rs 4 crore.

During the period under review, company’s total income has witnessed a growth of 12.03% which stood at Rs 51 crore as compared to Rs 45 crore in the March quarter last fiscal.

For the financial year ended 31 March 2009, Kishore Biyani-led firm has recorded a net loss of Rs 32 crore as against a net loss of Rs 28 crore in financial year 2008.

In the latest fiscal, company’s total income stood at Rs179 crore as compared to Rs 98 crore last year.