Videocon Industries Files Un-audited Financial Results for Sep 30, 2024

Videocon Industries Ltd has filed its un-audited financial results for the quarter and half-year ended September 30, 2024, along with the Limited Review Report. The company, currently undergoing corporate insolvency resolution process (CIRP) under the IBC, 2016, cited reasons for the delay including limited manpower, operational challenges, resignation of key accounting personnel, non-availability of pre-CIRP records, and issues with promoters and erstwhile management. Trading in the company's securities has been suspended since June 16, 2021. The Resolution Professional has considered and taken on record the financial results.