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real estate firm Unitech

Unitech in red- Reported loss of Rs. 51.5 crore in Q4

Unitech in red- Reported loss of Rs. 51.5 crore in Q4
The slump of the real estate sector affected the real estate and infrastructure company Unitech very badly. The company made the balance sheet available to the public which shows a consolidated net loss of Rs 51.5 crore for the fourth quarter which ended on March 31, 2014 against a consolidated net profit of Rs 30 [...] Continue Reading »

Unitech shares plunge more than 3% due to weak numbers reported for March quarter

Unitech shares plunge more than 3% due to weak numbers reported for March quarter
Close on the heels of real estate firm Unitech recently reported consolidated loss of Rs 51.55 crore for the January-March quarter, the shares of the company plunged by over 3 percent on Thursday. As an apparent result of the consolidated loss posted by Unitech, the company’s scrip closed at Rs 27 on Thursday, underscoring a [...] Continue Reading »



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