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Diversified business group Videocon Industries has reported results for the third quarter ended September 30, 2011.

The company has reported 26.95% fall in net profit for the quarter ended September 30, 2011, at Rs 116.82 crore due to higher expenses and interest charges. The company had posted a net profit of Rs 159.92 crore in the corresponding period last year.

However, the company’s total income has increased by 11.64% at Rs 3347.00 crore for Q3FY12 as compared to Rs 2998.04 crore for Q3FY11.

The company’s total expenses in the July-September quarter went up to Rs 2,914.09 crore from Rs 2,595.25 crore in the same period last fiscal. The interest charges also increased to Rs 261.09 crore from Rs 177.87 crore.

Videocon Inds. Share Price

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