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Unitech’s net loss widens to Rs 131 crore in Q2

Unitech has reported results for second quarter ended September 30, 2018.

The company has reported net loss of Rs 130.88 crore for the quarter under review as compared to net loss of Rs 5.99 crore for the same quarter in the previous year. Total income of the company decreased by 48.80% at Rs 100.04 crore for Q2FY19 as compared Rs 195.39 crore for the corresponding quarter previous year.

Unitech is engaged in real estate activities. The company is engaged in developing/constructing residential and commercial properties in India and selling the immovable properties to customers.

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