Videocon Industries net drops

Videocon Industries stand alone net profit dipped by 4 percent in the April-June quarter of the current fiscal (2014-15), a filing by the company in the Bombay Stock Exchange (BSE) said here Saturday.

The company has posted a net profit of Rs.10.22 crore for the quarter ended June 30, 2014 as compared to Rs.10.63 crore for the quarter ended June 30, 2013.

However, total income has increased from Rs.3,283.92 crore for the quarter ended June 30, 2013 to Rs.3,352.05 crore for the quarter ended June 30, 2014.