Unitech said its net loss for the quarter ended March 2016 has widened to Rs 5.39 billion. It reported a net loss of Rs 1.62 billion in the same quarter previous year.
Revenues for the quarter declined 51.65% to Rs 5,115.21 million, compared with Rs 10,578.95 million for the prior year period.
Earnings per share stood negative at Rs 2.06 compared with negative Rs 0.62 in the same quarter last year.
Shares of the company declined Rs 0.14, or 3.52%, to trade at Rs 3.84. The total volume of shares traded was 3,810,897 at the BSE (12.04 p.m., Tuesday).