Unitech has reported results for first quarter ended June 30, 2014.
The company’s net profit has declined by 48.71% at Rs 18.43 crore as compared to Rs 35.93 crore for the quarter ended June 30, 2013. However, its total income has increased by 4.07% to Rs 400.60 crore for the quarter under review from Rs 384.92 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported 91.16% fall in its net profit after share of profit/(loss) of associates & minority interest at Rs 5.56 crore for the quarter as compared to Rs 62.89 crore for the same quarter in the previous year. However, its total income has zoomed by 156.64% at Rs 1533.87 crore for quarter under review as compared to Rs 597.68 crore for the quarter ended June 30, 2013.
