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Future Supply Chain Solutions posts 57% jump in Q3 profit to Rs 19.7 cr

Future group's revenue was up 43.2% to Rs 332.6 crore; company to increase use of automation going forward

Future Supply
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Kishore Biyani at a warehouse operated by Future Supply Chain Solutions in Nagpur. Photo: Bloomberg

Dilip Kumar Jha Mumbai
Future group company, Future Supply Chain Solutions (FSC), has posted 57 per cent rise in its net profit to Rs 19.7 crore for the quarter ended December 31, 2018 from Rs 12.6 crore in the corresponding period last year.

Total revenue of the company rose 43.2 per cent to Rs 332.6 crore for the October-December 2018 quarter, from Rs 232.3 crore for the same period last year. 


Total warehousing area of the company shot up by a staggering 68 per cent to 7.31 million square