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BusinessLogr > Stocks > Unitech Plunges 5% As this fall internet Loss Widens
Stocks

Unitech Plunges 5% As this fall internet Loss Widens

sristy
Last updated: 2016/06/06 at 8:32 AM
sristy Published June 6, 2016
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Unitech Plunges 5% As Q4 Net Loss Widens

Mumbai: shares of realty firm Unitech fell by five consistent with cent on Tuesday after the agency‘s consolidated internet loss widened to Rs 539.47 crore in the fourth quarter ended March.

The inventory dipped four.27 in keeping with cent to Rs 3.81 on BSE. On NSE, it slipped 5 consistent with cent to Rs three.eighty.

Unitech’s consolidated net loss widened to Rs 539.47 crore in the fourth area ended March resulting fromlower earnings from operations.

The business enterprise had said a net lack of Rs 162.fifty four crore inside the corresponding sector of 2014-15.

Its total earnings from operations at some point of January-March area stood at Rs 483.55 crore, tonsdecrease than Rs 813.23 crore in the 12 months–in the past duration, the business enterprise hadstated in a BSE submitting yesterday.

but, its general fees reduced to Rs 987.85 crore throughout the sector below evaluation as against Rs 1,143.83 in the yr–ago length.

Consolidated net debt as on March 31, 2016, became Rs 7,a hundred sixty five.70 crore.

(This story has not been edited by NDTV personnel and is vehicle-generated from a syndicated feed.)

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TAGGED: 5, As, Fall, Internet, loss, Plunges, THIS, Unitech, Widens
sristy June 6, 2016
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