{"id":56832,"date":"2018-01-08T14:31:52","date_gmt":"2018-01-08T14:31:52","guid":{"rendered":"http:\/\/www.bnreport.com\/videocon-industries-q2-loss-at-rs-1033-69-crore\/"},"modified":"2018-01-08T14:31:53","modified_gmt":"2018-01-08T14:31:53","slug":"videocon-industries-q2-loss-at-rs-1033-69-crore","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/videocon-industries-q2-loss-at-rs-1033-69-crore\/","title":{"rendered":"Videocon Industries Q2 loss at Rs 1,033.69 crore"},"content":{"rendered":"

Debt-ridden Videocon Industries<\/a> today reported widening of net loss to Rs 1,033.69 crore for the second quarter ended September 30, 2017. <\/p>\n

It had reported a net loss of Rs 403.66 crore for the July-September quarter of 2016-17 fiscal, Videocon Industries informed BSE<\/a>. <\/p>\n

Its total income declined 68.30 per cent to Rs 855.77 crore during the quarter under review as against Rs 2,700.08 crore in the corresponding period previous fiscal. <\/p>\n

Videocon Industries' total expense during the period was at Rs 1,997.35 crore as against Rs 3,212.00 crore. <\/p>\n

Revenue from consumer electronics and home appliance segment was down 71.94 per cent to Rs 713.79 crore as against Rs 2,544.24 crore. <\/p>\n

Its crude oil<\/a> and natural gas<\/a> segment was up 1.76 per cent to Rs 103.57 crore as against Rs 101.77 crore. <\/p>\n

For the first half of 2017-18, Videocon Industries' standalone net loss widened to Rs 1,919.51 crore as against Rs 772.41 crore of the corresponding period. <\/p>\n

Its total income during April-September was at Rs 2,497.88 crore as against Rs 5,589.02 crore of the corresponding period previous fiscal. <\/p>\n

Shares<\/a> of Videocon Industries today settled at Rs 26 on BSE, up 4.84 per cent from previous close. <\/p>\n

<\/a><\/strong> <\/a><\/p>\n

Original Article<\/a><\/p>\n

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ET Markets<\/a><\/h5>\n

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