New Delhi, April 8 Future Consumer Ltd (FCL) has defaulted on payments of ₹615.67 crore in interest and principal repayments on loans from banks, financial institutions, and unlisted debt securities, as of March 31, 2026.
FCL, the FMCG arm of the debt-ridden Future Group, had defaulted on payments of ₹325.26 crore in loans and revolving facilities, such as cash credit from banks and financial institutions, as of March 31, 2026. This includes both principal repayment and interest defaults, according to a regulatory filing by the company.
The firm has an outstanding total default of ₹290.41 crore, related to loans from unlisted debt securities – NCDs and NCRPs – for the same period.
This includes a principal outstanding of ₹158.82 crore and accrued interest of ₹131.59 crore.
FCL said, "The company is planning/working on asset monetization and debt reduction over this period."
FCL is involved in the manufacturing, branding, and distribution of FMCG food and processed food products.
It was part of the 19 group companies operating in retail, wholesale, logistics, and warehousing segments, which were supposed to be transferred to Reliance Retail under a ₹24,713 crore deal announced in August 2020.