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Future Lifestyle Fashions hits 5% lower circuit on Q4 net loss of Rs 149 cr

The company had posted a profit after tax of Rs 74.67 crore during the January-March quarter a year ago

For the full financial year, Future Lifestyle's EBITDA declined 9.4 per cent YoY to Rs 511 crore, down from Rs 564 crore in FY19
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For the full financial year, Future Lifestyle's EBITDA declined 9.4 per cent YoY to Rs 511 crore, down from Rs 564 crore in FY19

SI Reporter New Delhi
Future Lifestyle shares were locked in the 5 per cent lower circuit band, at Rs 109.25 apiece, on the BSE on Monday after the company reported a consolidated loss of Rs 148.65 crore for the quarter ended on March 2020. The company had posted a profit after tax of Rs 74.67 crore during the January-March quarter a year ago.

While its total income rose 4.47 per cent year-on-year (YoY) to Rs 1,442.96 crore during the quarter under review, from Rs 1,381.19 crore in the year-ago quarter, itss total expenses jumped 17.14 per cent YoY to Rs 1,579.55 crore in Q4FY20 as