The Economic Times daily newspaper is available online now.

    Videocon Industries net profit up 5.55 per cent at Rs 18.61 crore in December quarter

    Synopsis

    The company had reported a standalone net profit of Rs 17.63 crore for the same quarter a year ago, Videocon Industries said in a BSE filing.

    PTI
    NEW DELHI: Videocon Industries today reported 5.55 per cent increase in standalone net profit at Rs 18.61 crore for the quarter ended December 2014.

    The company had reported a standalone net profit of Rs 17.63 crore for the same quarter a year ago, Videocon Industries said in a BSE filing.

    The company's net sales during the quarter stood at Rs 3,135.14 crore, down 2.25 per cent from Rs 3,207.4 crore in the same quarter last year.

    Its revenue from consumer electronics and home appliances segment increased marginally by 1.51 per cent to Rs 2,888.96 crore and revenue from crude oil and natural gas segment declined 34.88 per cent to Rs 244.66 crore.

    Revenue from power vertical decreased by 0.70 per cent to Rs 4.21 crore.

    Meanwhile, in a separate filing, Videocon Industries said it has appointed Ramabai V Dhoot as a Director of the company.

    Videocon Industries shares were trading 0.25 per cent down at Rs 160.65 apiece during afternoon session on the BSE.



    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more


    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

    Stories you might be interested in