Panasonic Appliances reports net loss of Rs 3.55 crore in Q2

Panasonic Appliances India Company has reported results for second quarter ended September 30, 2012.

The company has reported a net loss of Rs 3.55 crore for the quarter ended September 30, 2012 as compared to a net loss of Rs 1.65 crore for the same quarter in the previous year. Total income of the company has decreased by 21.56% at Rs 40.82 crore for quarter under review as compared to Rs 52.04 crore for the quarter ended September 30, 2011.

Panasonic Home Appliances India Co., a Panasonic Group company is engaged in the manufacture, import, marketing and sales of kitchen appliances and small domestic appliances.