Videocon Industries reports net loss of Rs 1,023 crore in Q3

Videocon Industries Ltd. | Consumer Durables - Electronics | Consumer Durables | BSE: 511389 | NSE: VIDEOIND

15 Feb 2019 Evaluate

Videocon Industries has reported results for third quarter ended December 31, 2018.

The company has reported a net loss of Rs 1,023.08 crore for the quarter against net loss of Rs 1,272.00 crore for the same quarter in the previous year. Total income of the company decreased by 74.12% at Rs 223.73 crore for Q3FY19 as compared Rs 864.34 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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