Future Supply Chain Solutions - Q1FY21 Results - Angel Broking

Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd

"For 1QFY21, Future Supply Chain Solutions (FSCSL)'s top-line growth de-grew ~68% yoy to Rs95cr. Top-line was negatively impacted mainly due COVID-19 lockdown. On the operating front, the company reported contraction in margins, down 517bps yoy at 14.4%. Operating margin was impacted mainly due to negative impact of operating leverage. On the bottom-line front, FSCSL reported loss of ~Rs55cr (against profit of ~Rs3cr in 1QFY20) due to lower revenue."

Shares of Future Supply Chain Solutions Ltd was last trading in BSE at Rs.121.05 as compared to the previous close of Rs. 122.55. The total number of shares traded during the day was 1304076 in over 24443 trades.

The stock hit an intraday high of Rs. 127 and intraday low of 116.45. The net turnover during the day was Rs. 155252365.

Source : Equity Bulls

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