New Delhi: Videocon Industries today mentioned a standalone net loss of Rs 189.59 crore for the Marchquarter, dragged down through lower sales and better finance prices.

The employer had published a internet profit of Rs 10.forty six crore in the January-March length of 2014-15, Videocon Industries stated in a BSE filing.

Standalone internet sales declined 10.1 in step with cent to Rs 2,768.07 crore in January-March as in opposition to Rs three,079.27 crore a year ago.

throughout the area, the enterprise stated customer electronics and domestic appliances vertical had asales of Rs 2,682.61 crore as compared with Rs 2,851.30 crore a year in the past, down five.ninety oneconsistent with cent.

sales from crude oil and herbal gasoline business fell sixty two.fifty three according to cent to Rs 87.83crore for the duration of the zone compared with Rs 234.forty one crore inside the equal length a yrago.

Finance prices inside the fourth sector were at Rs 598.forty three crore as in opposition to Rs 591.35 crore inside the yr–ago duration.

Videocon Industries shares had been buying and selling 1.74 in line with cent up at Rs 105.20 on BSEinside the afternoon consultation.

(This story has now not been edited via NDTV staff and is car-generated from a syndicated feed.)
story first published on: may additionally 16, 2016 thirteen:29 (IST)

Tags: Videocon Industries, Videocon Industries profits, Videocon Industries q4