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Future Market Networks Limited
Sector:Others Others - Miscella - Others
Market Lot: 1Face Value: 10ISIN Demat: INE360L01017
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The company disclosed fall of 118.23% in standalone net profit on y-o-y basis to Rs 86.44 million, while total income rose 58.30% y-o-y basis to Rs 362.85 million for the quarter ended March 2017.

Recent Developments
Future Market Networks will acquire land parcels situated at Khumari, Kalmeshwar, Nagpur to set up a warehouse of 1 million square feet facility. The company shall set up and manage the warehouse facility through a 100% subsidiary as a Special Purpose Vehicle (SPV) company.

Future Market Networks, announced that the company has entered into a Memorandum of Understanding to acquire land admeasuring 11,156.93 sq. meters along with a shopping mall thereon of about 4,00,000sq.fts. situated at Ujjain, Madhya Pradesh for a total consideration of Rs 375.1 million.

Agre Developers has announced that the company and Infrastructure Leasing & Financial Services (``IL&FS``) have signed a term sheet for an equal strategic partnership to engage in the Business Profile of development of infra-logistics parks through a Joint Venture in India.

In Brief

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