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Videocon reports net loss of Rs 2,072.53 crore in Q1

17 Jul 2018 Evaluate

Videocon Industries has reported results for first quarter ended June 30, 2018.

The company has reported a net loss of Rs 2,072.53 crore for the quarter under review as compared to net loss of Rs 558.38 crore for the same quarter in the previous year. Total income of the company decreased by 97.02% at Rs 61.69 crore for Q1FY19 as compared Rs 2,071.54 crore for the corresponding quarter previous year.

Videocon Industries is engaged in the manufacture, and wholesale and retail trade of consumer electronics and home appliances items.

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