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Unitech slips on reporting consolidated net loss of Rs 13.01 crore in Q2

15 Dec 2016

Unitech is currently trading at Rs. 4.59, down by 0.14 points or 2.96% from its previous closing of Rs. 4.73 on the BSE.

The scrip opened at Rs. 4.62 and has touched a high and low of Rs. 4.74 and Rs. 4.57 respectively. So far 19,99,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 9.05 on 18-Jul-2016 and a 52 week low of Rs. 3.43 on 11-Feb-2016.

Last one week high and low of the scrip stood at Rs. 4.89 and Rs. 4.57 respectively. The current market cap of the company is Rs. 1,200.12 crore.

The promoters holding in the company stood at 24.38%, while Institutions and Non-Institutions held 12.78% and 62.84% respectively.

The company has reported a net profit of Rs 5.90 crore for second quarter ended September 30, 2016 as compared to a net loss of Rs 15.74 crore for the same quarter in the previous year. Total income of the company decreased by 43.80% at Rs 291.62 crore for the quarter under review as compared Rs 518.89 crore for the corresponding quarter previous year.   

On the consolidated basis, the company has a net Loss after taxes, minority interest and share of profit/(loss) of associates and joint ventures of Rs 13.01 crore for the quarter ended September 30, 2016 as compared to Rs 65.70 crore for the same quarter in the previous year. Total Income of the company has increased by 42.27% to Rs 385.94 crore for quarter under review from Rs 668.58 crore for the quarter ended September 30, 2015.


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SEBI Registered: Investment Adviser - INA000013323

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