Videocon Industries declined over 4% and touched the weekly low of Rs177 on the BSE, after the company posted bad results.
Videocon Industries has announced the following audited results for the quarter and year ended December 31, 2011.
Quarter ended:
The net profit of the company fell by 46.77% to Rs86.42 crore for the quarter ended December 31, 2011 as compared to Rs162.36 crore for the quarter ended December 31, 2010.
The total income decreased by 0.24% to Rs3152.85 crore for the quarter ended December 31, 2011 from Rs3160.31 crore for the unaudited quarter ended December 31, 2010.
Year ended:
The net profit of the company declined by 26.74% to Rs545.56 crore for the year ended December 31, 2011 as compared to Rs744.69 crore for the year ended December 31, 2010.
The total income declined by 11.50% to Rs13025.78 crore for the year ended December 31, 2011 from Rs14718.92 crore for the year ended December 31, 2010.
The figures for the current year are for a period of 12 months as against 15 months in previous period. Figures in respect of previous period have been regrouped, reclassified and recasted wherever necessary to make them comparable with those of the current year.
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Videocon Industries has announced the following audited results for the quarter and year ended December 31, 2011.
Quarter ended:
The net profit of the company fell by 46.77% to Rs86.42 crore for the quarter ended December 31, 2011 as compared to Rs162.36 crore for the quarter ended December 31, 2010.
The total income decreased by 0.24% to Rs3152.85 crore for the quarter ended December 31, 2011 from Rs3160.31 crore for the unaudited quarter ended December 31, 2010.
Year ended:
The net profit of the company declined by 26.74% to Rs545.56 crore for the year ended December 31, 2011 as compared to Rs744.69 crore for the year ended December 31, 2010.
The total income declined by 11.50% to Rs13025.78 crore for the year ended December 31, 2011 from Rs14718.92 crore for the year ended December 31, 2010.
The figures for the current year are for a period of 12 months as against 15 months in previous period. Figures in respect of previous period have been regrouped, reclassified and recasted wherever necessary to make them comparable with those of the current year.
....more info