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Unitech reports 46.80% fall in Q2 consolidated net profit

12 Nov 2012 Evaluate

Unitech has reported results for second ended September 30, 2012.

The company has reported 83.20% fall in its net profit at Rs 17.40 crore for the quarter as compared to Rs 103.58 crore for the same quarter in the previous year. Total income of the company has decreased by 32.99% at Rs 369.65 crore for quarter under review as compared to Rs 551.65 crore for the quarter ended September 30, 2011.

On consolidated basis, the company has reported 46.80% fall in its net profit at Rs 49.19 crore for the quarter as compared to Rs 92.46 crore for the same quarter in the previous year. Total income of the company has decreased by 20.27% at Rs 573.79 crore for quarter under review as compared to Rs  719.68 crore for the quarter ended September 30, 2011.

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