119786 Investors following Unitech. Share this News with them.
0
Like this story, share it with millions of investors on M3
Unitech Q2 net profit seen up 20.54% to Rs 190.19 cr
Unitech is to declare its second quarter results. According to CNBC-TV18 estimates, the company’s Q2FY10 net profit is seen up 20.54% from Rs 157.77 crore to Rs 190.19 crore, quarter-on-quarter, QoQ.
Unitech is to declare its second quarter results. According to CNBC-TV18 estimates, the company's Q2FY10 net profit is seen up 20.54% from Rs 157.77 crore to Rs 190.19 crore, quarter-on-quarter, QoQ.
The company's revenues are seen up 17.9% from Rs 539.96 crore to Rs 636.62 crore, QoQ.
Q2FY10 expectations * Execution scale up to drive 18% QoQ growth in revenues * Launched nine residential projects in Q2; sold 40-50% of projects * Revenues from new launches to start flowing in Q4 * Margins to decline by 700 bps on account of lower asset sales * Debtors recovered will be key monitorable