Videocon Industries Q4 loss widens to Rs 509.7 cr

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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.