Unitech Q2 net loss widens to Rs 131 crore
Its net loss stood at Rs 5.99 crore in the year ago period.
Nov 14, 2018 / 10:36 PM IST
We are in the last phase of the September quarter earnings season, and the results announced by the BSE 500 companies so far have shown signs of a sharp recovery, as compared to the June quarter, when the economic activity in the country was compromised due to lockdown in various regions. From the BSE 500 list, 216 companies have announced their September quarter results so far. We excluded banking and financial companies. Along with the index stocks we also analyse each sector quarterly earnings. (Data Source: ACE Equity)
Crisis-hit realty firm Unitech reported a net loss of Rs 130.87 crore for the quarter ending September.
Its net loss stood at Rs 5.99 crore in the year ago period, the company said in a regulatory filing. Total income also fell to Rs 100.03 crore in the second quarter of this fiscal from Rs 195.39 crore in the corresponding period of the previous year.