Videocon Industries posts net loss of Rs 286.6 crore in Q1FY17

The total income decreased from Rs 3309.7 crore in Q1FY16 to Rs 2897.1 crore in Q1FY17.

Videocon Industries posts net loss of Rs 286.6 crore in Q1FY17
On Friday, the shares of the company closed at Rs 103.85 per piece, or 0.05% down. Photo: ZeeBiz

Videocon Industries on Sunday reported a Standalone net loss of Rs 286.6 crore for the quarter ended on June 30, 2016.

In a regulatory filing, the company said that it had posted a net profit of Rs 10.5 crore in the quarter ended on June 30, 2015. 

The total income decreased from Rs 3309.7 crore in Q1FY16 to Rs 2897.1 crore in Q1FY17.

The total expenses were reduced to Rs 2658.61 crore in June 2016 from Rs 2704.93 crore in June 2015, the company said in the filing.

In the consumer electronics and home appliances segment, Videocon registered revenues of Rs 2,671.87 crore in Q1FY17 as against Rs 2,885.08 crore during the same period a year ago.

Revenues from crude oil and natural gas stood at Rs. 128.70 crore as compared to Rs. 230.03 crore Q1FY16. From power, the revenues were Rs 3.91 crore as against to Rs. 3.99 crore in Q1FY16.

On Friday, the shares of the company closed at Rs 103.85 per piece, or 0.05% down. 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

RECOMMENDED STORIES

https://www.zeebiz.com/personal-finance/photo-gallery-epfo-retirement-pension-scheme-early-pension-superannuation-disablement-widow-child-orphan-pension-online-login-passbook-employee-provident-fund-327598

EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know

https://www.zeebiz.com/trending/news-rains-in-tamil-nadu-orange-alert-issues-for-november-26-regional-meteorological-centre-cyclone-south-andaman-sea-puducherry-karaikkal-327505

Tamil Nadu Weather News: Heavy rain likely in TN, orange alert issued for Nov 26

https://www.zeebiz.com/markets/stocks/photo-gallery-psu-and-largecap-shares-to-buy-short-term-bse-sensex-nse-nifty-pick-of-the-day-327460

Stocks to buy: Hindustan Aeronautics, Zomato, Tata Tech, GMR Airports among analysts' top picks

https://www.zeebiz.com/trending/photo-gallery-delhi-aqi-today-air-pollution-level-falls-to-very-poor-quality-schools-closed-work-from-home-started-in-office-government-bans-firecrackers-sale-on-ecommerce-sites-city-records-lowest-temperature-327481

Delhi AQI Today: Air quality index level drops; city records season's lowest temperature

https://www.zeebiz.com/market-news/news-tata-motors-muthoot-finance-crisil-stocks-to-buy-axis-direct-bse-nse-327646

Tata Motors, Muthoot Finance and 3 more: Axis Direct recommends buying these stocks for 2 weeks; check targets, stop losses

https://www.zeebiz.com/personal-finance/photo-gallery-top-5-small-cap-mutual-funds-with-best-sip-xirr-returns-in-1-year-calculator-inr-rs-25000-monthly-investment-has-grown-to-355000-nifty-150-tri-bse-invesco-edelweiss-hsbc-franklin-nav-aum-327419

Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme

https://www.zeebiz.com/personal-finance/photo-gallery-top-7-sbi-sip-mutual-funds-with-highest-sip-return-xirr-in-1-year-capital-gains-calculator-how-inr-rs-25000-monthly-investment-has-grown-to-bse-sp-nifty-multi-large-health-tech-banking-326674

Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404

Written By: ZeeBiz WebTeam
Updated: Sun, Aug 14, 2016
03:10 PM IST
Mumbai, ZeeBiz WebDesk
RELATED NEWS
Adani, Jindal Power submit EoIs for Videocon Industries domestic business  Adani, Jindal Power submit EoIs for Videocon Industries domestic business 
Year Ender 2021: With missed timelines, insolvency cases likely to speed up with improved infrastructure Year Ender 2021: With missed timelines, insolvency cases likely to speed up with improved infrastructure
Sebi slaps fine on 2 individuals for not complying with summons in Videocon case Sebi slaps fine on 2 individuals for not complying with summons in Videocon case
Sebi fines 8 entities for fraudulent trade in Videocon shares Sebi fines 8 entities for fraudulent trade in Videocon shares

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x