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BusinessLogr > Stocks > Unitech Plunges five% As q4 internet Loss Widens
Stocks

Unitech Plunges five% As q4 internet Loss Widens

sristy
Last updated: 2016/06/18 at 4:40 PM
sristy Published June 18, 2016
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Unitech Plunges 5% As Q4 Net Loss Widens

Mumbai: stocks of realty firm Unitech fell by way of five in line with cent on Tuesday after the business enterprise‘s consolidated net loss widened to Rs 539.forty seven crore in the fourth zone ended March.

The inventory dipped four.27 per cent to Rs three.81 on BSE. On NSE, it slipped five per cent to Rsthree.80.

Unitech’s consolidated internet loss widened to Rs 539.forty seven crore inside the fourth area ended Marchas a result of lower profits from operations.

The corporation had said a internet loss of Rs 162.54 crore in the corresponding quarter of 2014-15.

Its general profits from operations in the course of January-March region stood at Rs 483.55 crore, a whole lot decrease than Rs 813.23 crore in the 12 months–ago duration, the business enterprise hadsaid in a BSE submitting the day before today.

however, its overall fees decreased to Rs 987.85 crore in the course of the area underneath evaluationas in opposition to Rs 1,143.eighty three inside the year–in the past period.

Consolidated net debt as on March 31, 2016, became Rs 7,165.70 crore.

(This story has no longer been edited via NDTV team of workers and is automobile-generated from a syndicated feed.)
tale first posted on: may 31, 2016 12:38 (IST)

Tags: UNITECH, Unitech this autumn, Unitech earnings, Unitech shares

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TAGGED: As, five%, Internet, loss, Plunges, q4, Unitech, Widens
sristy June 18, 2016
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