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Videocon Industries’ net loss widens to Rs 1,225 crore in Q2

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Videocon Industries has reported results for second quarter ended September 30, 2018.

The company has reported net loss of Rs 1,225.06 crore for the quarter under review as compared to net loss of Rs 1,033.69 crore for the same quarter in the previous year. Total income of the company decreased by 76.56 % at Rs 200.58 crore for Q2FY19 as compared Rs 855.77 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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