Unitech has reported results for first quarter ended June 30, 2015.
The company has reported 98.81% fall in its net profit at Rs 0.22 crore for the quarter ended June 30, 2015 as compared to Rs 18.43 crore for the same quarter in the previous year. The company’s total income has decreased by 22.66% to Rs 309.83 crore for the quarter under review from Rs 400.60 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported a net loss after taxes, Minority Interest and Share of Profit/(Loss) of Associates at Rs 281.29 crore for the quarter ended June 30, 2015 as compared to a net profit of Rs 5.56 crore for the same quarter in the previous year. Total income of the company has decreased by 72.20% at Rs 426.35 crore for quarter under review as compared to Rs 1533.87 crore for the quarter ended June 30, 2014.
