MUMBAI: The screen may have gone dark years ago, but the financial static is still getting louder. Videocon Industries’ long-running insolvency saga deepened in the quarter ended September 30, 2024, with the company reporting a net loss of Rs 2,410.44 crore, highlighting the severe financial and operational challenges it continues to face under the Corporate Insolvency Resolution Process (CIRP). The loss widened from Rs 2,031.15 crore in the corresponding quarter a year earlier, even as revenue from operations slipped marginally to Rs 166.37 crore from Rs 169.59 crore, according to the company’s unaudited standalone financial results signed by Resolution Professional Abhijit Guhathakurta on February 10, 2026.
The…