Unitech has reported results for first quarter ended June 30, 2016.
The company has reported a net loss of Rs 15.11 crore for the quarter ended June 30, 2016 as compared to a net profit of Rs 1.70 crore for the same quarter in the previous year. However, total income of the company increased by 7.25% at Rs 333.22 crore for quarter under review as compared to Rs 310.70 crore for the quarter ended June 30, 2015.
On the consolidated basis, the company has reported a net loss after tax, minority interest and share of loss of associates and joint ventures of Rs 44.82 crore for the quarter under review as compared to a net loss of Rs 279.63 crore for the same quarter in the last year. Total income of the company has increased by 26.95% at Rs 495.93 crore for quarter under review as compared to Rs 390.66 crore for the quarter ended June 30, 2015.
