Videocon Industries Q4 loss widens to Rs 509.7 cr

By: |
New Delhi | Published: February 12, 2017 12:58:52 AM

The company's total income on a standalone basis during the quarter under review declined to Rs 2,097.7 crore as against Rs 3,357.5 crore in the same period last fiscal. The company follows January-December fiscal year.

 It also said that the 55 per cent of Dish TV shareholders will represent Videocon D2H's ownership and the aim behind this merger is to increase the number of subscribers and surge in market shares.Videocon Industries today reported a standalone net loss of Rs 509.7 crore for the fourth quarter ended December 31.

Videocon Industries today reported a standalone net loss of Rs 509.7 crore for the fourth quarter ended December 31. The company had reported a net loss of Rs 84.42 crore in the same period a year ago, Videocon Industries said in a BSE filing. The company’s total income on a standalone basis during the quarter under review declined to Rs 2,097.7 crore as against Rs 3,357.5 crore in the same period last fiscal. The company follows January-December fiscal year.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Switch to Hindi Edition
FinancialExpress_1x1_Imp_Desktop