Videocon Industries net profit up 5.5% at Rs 18.61 crore in December quarter

Videocon Industries today reported 5.55% 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% 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% to Rs 2,888.96 crore and revenue from crude oil and natural gas segment declined 34.88% to Rs 244.66 crore.
 

Revenue from power vertical decreased by 0.7% 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% down at Rs 160.65 apiece during afternoon session on the BSE.