Videocon Industries reports net loss of Rs 509.78 crore in Q4

13 Feb 2017

Videocon Industries has reported results for fourth quarter ended December 31, 2016. 

The company has reported a net loss of Rs 509.78 crore for the quarter under review as compared to a net loss of Rs 84.42 crore for the same quarter in the previous year. Total income of the company decreased by 37.52% at Rs 2097.79 crore for the quarter under review as compared Rs 3357.50 crore for the corresponding quarter previous year.

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.

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