Unitech posts Rs 14.69 cr loss in Sept quarter

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Press Trust of India New Delhi
Last Updated : Nov 12 2014 | 6:20 PM IST
Realty firm Unitech today reported Rs 14.69 crore consolidated losses for the second quarter of this fiscal on lower sales.
It had posted a net profit of Rs 25.57 crore in the year- ago period, Gurgaon-based Unitech said in a filing to the BSE.
Net sales declined by 36 per cent to Rs 383.72 crore in July-September quarter of this fiscal from Rs 595.75 crore in the corresponding period of last fiscal.
Total Income has declined to Rs 405.80 crore for the quarter ended September 30, 2014 from Rs 633.41 crore in the year-ago period.
Unitech's share price closed at Rs 21.05 apiece on BSE, down 2.32 per cent.
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First Published: Nov 12 2014 | 6:20 PM IST

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