Videocon Ind Q3 net down 51% to Rs 124 cr

Consumer durables major Videocon Industries today reported a 51.24 per cent decline in its net profit at Rs 124.35 crore for the third quarter ended June 30.

Income from operations declined to Rs 2,461.37 crore for the latest quarter of current fiscal from Rs 2,612.90 crore in the corresponding period last year, Videocon Industries said in a filing to the Bombay Stock Exchange.

Shares of Videocon Industries today closed at Rs 181.75, down 0.41 per cent from its previous close on BSE.