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BPL Q3 net loss widens to Rs 127 crore
BPL Ltd on Thursday reported widening of its consolidated net loss to Rs 126.96 crore in the third quarter ended December 2022, mainly due to higher expenses. The company had posted a net loss of Rs 78.31 crore during the October-December quarter a year ago.
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BPL to invest Rs 550 cr in home appliances segment
BPL Ltd plans to invest Rs 550 crore over the next three years to strengthen its home appliances segment and capture a larger market share. The company, which is a leading player in the Indian consumer electronics market, will use the funds to expand its manufacturing capacity, introduce new products, and enhance its distribution network.
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BPL launches new range of air conditioners
BPL Ltd has launched a new range of air conditioners, with prices starting from Rs 24,990. The new range includes a variety of models, from 1-ton to 2-ton capacity, and comes with features such as energy efficiency, silent operation, and auto-clean technology.
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BPL acquires majority stake in Hyderabad-based diagnostics chain
BPL Ltd. has acquired a majority stake in Hyderabad-based diagnostics chain, Vijaya Diagnostic Centre (VDC). The acquisition is a part of BPL's strategy to expand its presence in the diagnostics market. VDC has a network of 100 diagnostic centers across India.
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BPL launches new range of air conditioners with advanced features
BPL Ltd. has launched a new range of air conditioners with advanced features such as inverter technology, Wi-Fi connectivity, and voice control. The new range of air conditioners is available in various capacities and price ranges.
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BPL signs MOU with Government of Karnataka for skill development
BPL Ltd. has signed a Memorandum of Understanding (MOU) with the Government of Karnataka for skill development. The MOU aims to provide skill training to the youth of Karnataka in various sectors such as electronics, healthcare, and retail.