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videocon industries ltd (VIDEOIND) Details

Videocon Industries Limited, together with its subsidiaries, manufactures, assembles, and distributes a range of consumer electronics and home appliances in India and internationally. The company operates through Consumer Electronics and Home Appliances, Crude Oil and Natural Gas, Telecommunications, and Power segments. It offers televisions, refrigerators, washing machines, air conditioners, microwave ovens, mobile phones, glass shell panels and funnels, compressors, and motors. The company is also involved in the exploration and production of crude oil and natural gas primarily in India, Brazil, Mozambique, East Timor, Indonesia, and Australia. In addition, it offers telecommunication services, such as GSM mobile services under the Videocon Telecom brand name; DTH services under the Videocon d2h brand name; and non-life insurance services. Further, the company develops 2 coal-fired thermal electricity power projects with a capacity of 1,200 megawatts in the states of Gujarat and Chhattisgarh; and operates solar photovoltaic power projects, as well as develops residential and commercial properties. Additionally, it offers smart phones, small home appliances, LED televisions, and tablets online in the United Arab Emirates. Videocon Industries Limited was incorporated in 1986 and is based in Mumbai, India.

Founded in 1986

videocon industries ltd (VIDEOIND) Top Compensated Officers

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Executives, Board Directors

videocon industries ltd (VIDEOIND) Key Developments

Videocon Appoints Akshay Dhoot as Head of Technology

Videocon has appointed Akshay Dhoot as head of technology. In his new role, Dhoot will be instrumental in formulating technologically advanced products at Videocon and transforming the consumer electronics segment into a next-gen enterprise. He has worked across Videocon Group companies and has also played a vital role in service, manufacturing and R&D sector for CE&HA and Videocon d2h.

Videocon Industries Ltd Appoints Ramabai V. Dhoot as Director

Videocon Industries Ltd. announced that the board of directors of the company at its meeting held on February 28, 2015, has appointed Mrs. Ramabai V. Dhoot as a director of the company.

Videocon Industries Ltd. Reports Unaudited Standalone Earnings Results for the Quarter and Eighteen Months Ended December 31, 2014

Videocon Industries Ltd. reported unaudited standalone earnings results for the quarter and eighteen months ended December 31, 2014. For the quarter, the company's net sales/income from operations was INR 31,351.4 million compared to INR 32,074.0 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 3,953.2 million compared to INR 4,141.6 million a year ago. Profit from ordinary activities before tax was INR 226.7 million compared to INR 228.6 million a year ago. Net profit was INR 186.1 million compared to INR 176.3 million a year ago. Basic and diluted earnings per share before and after extraordinary items was INR 0.58 compared to INR 0.55 a year ago. For the eighteen months, the company's net sales/income from operations was INR 189,043.5 million compared to INR 181,176.1 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 23,583.5 million compared to INR 21,820.3 million a year ago. Profit from ordinary activities before tax was INR 45.9 million compared to loss from ordinary activities before tax of INR 1,145.2 million a year ago. Net profit was INR 30.4 million compared to net loss of INR 716.3 million a year ago. Basic and diluted earnings per share before and after extraordinary items was INR 0.08 compared to basic and diluted loss per share before and after extraordinary items of INR 2.38 a year ago.

 

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VIDEOIND Competitors

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Bajaj Electricals Ltd 219.80 INR +5.95
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