Future Consumer Limited — Board Meeting, 25-07-2025: Outcome of Board Meeting

Future Consumer Ltd. has announced a board meeting on July 25, 2025. The Board approved the consolidated financial results for the quarter ended June 30, 2025, reporting a loss before tax of Rs 18.70 Cr and a net capital deficiency of Rs 316.99 Cr. Auditors noted significant doubt about the company's ability to continue as a going concern, citing a severe liquidity crunch, loan defaults, and impaired fundraising. There's also an ongoing dispute with joint venture partners affecting financial reporting accuracy. RBL Bank has assigned FCL's financial debt to Prudent ARC Ltd. Forensic audits are also underway.