Shares of realty firm Unitech fell by 5% on Tuesday after the company's consolidated net loss widened to Rs 539.47 crore in the fourth quarter ended March.
The stock dipped 4.27% to Rs 3.81 on BSE.
On NSE, it slipped 5% to Rs 3.80.
Unitech's consolidated net loss widened to Rs 539.47 crore in the fourth quarter ended March on account of lower income from operations.
The company had reported a net loss of Rs 162.54 crore in the corresponding quarter of 2014-15.
Its total income from operations during January-March quarter stood at Rs 483.55 crore, much lower than Rs 813.23 crore in the year-ago period, the company had said in a BSE filing on Monday.
However, its total expenses reduced to Rs 987.85 crore during the quarter under review as against Rs 1,143.83 in the year-ago period.
Consolidated net debt as on March 31, 2016 was Rs 7,165.70 crore.
