Videocon Industries has reported results for second quarter ended September 30, 2014.
The company has posted a fall of 93.35% in its net profit at Rs 1.34 crore for the quarter ended September 30, 2014 as compared to Rs 20.18 crore for the same quarter in the previous year. However, total income has increased by 1.43% at Rs 3407.86 crore for quarter under review as compared to Rs 3359.59 crore for the quarter ended September 30, 2013.
Videocon Industries, established two decades ago, is a global conglomerate. Videocon’s businesses consist of manufacturing, marketing and distribution of consumer electronics products and oil & gas extraction.